Bristow and Baldwin leave bwin.party
Online gambling firm bwin.party has confirmed that non-executive directors Tim Bristow and Geoff Baldwin have resigned from their roles with immediate effect.
Bristow, an independent non-executive of bwin.party, is to step down after spending six years with the company.
He joined the board of PartyGaming in May 2007 and remained with the firm following its merger with bwin Interactive Entertainment AG in March 2011.
Baldwin, a non-independent non-executive director, was appointed in July 2011 following a nomination under the terms of the relationship between bwin.party, Emerald Bay Limited and Stinson Ridge Limited.
He opted to step down from his position following discussions between himself and the parties that nominated him. A successor is yet to be nominated, but the nomination right has been retained.
Simon Duffy, chairman of bwin.party, said: “These changes are in line with the intention expressed in the Company’s 2012 annual report to reduce the size of the board, whilst also ensuring we maintain our compliance with the UK Corporate Governance Code’s recommendation on the balance of independent and non-independent directors.
“We continue to review the composition of the board and this process may result in further changes to the board later in the year.”