PointsBet Holdings Restricted has confirmed a deliberate management transition that can see Andrew Catterall assume the position of group chief government officer from 1 February 2026, topic to customary gaming licensing and regulatory approvals. The appointment marks a shift on the prime of the Australian-listed wagering group as long-serving chief government Sam Swanell prepares to step again from day-to-day administration whereas remaining carefully concerned within the enterprise.
Catterall at present serves as chief government officer for PointsBet’s Australian operations and can succeed Swanell following a structured transition and handover interval. Throughout this time, Swanell will proceed to help the enterprise earlier than shifting into an advisory place inside the group. He can even stay on the board as an government director.
Deliberate Transition at Govt Stage
PointsBet mentioned the management change has been designed to make sure continuity as the corporate operates throughout regulated wagering markets. Catterall’s appointment displays a choice to raise an inner government with detailed information of the group’s core operations and regulatory surroundings.
Catterall joined PointsBet in 2022 as CEO of its Australian enterprise. Since then, he has overseen a interval of operational change, product improvement, and strengthened business efficiency within the firm’s house market. His profession spans greater than 20 years throughout wagering, media, sport, and digital industries.
Earlier than becoming a member of PointsBet, Catterall was chief government officer of Racing.com, the place he led development in viewers attain, digital engagement, and business outcomes. His earlier roles additionally embody senior government positions on the Australian Soccer League, Racing Victoria, Past Boundaries Group, and the Boston Consulting Group.
As group CEO, Catterall will take accountability for overseeing PointsBet’s broader operations, together with its companies in Australia and Canada. His remit will embody technique execution, expertise improvement, regulatory compliance, and buyer development throughout jurisdictions the place the corporate operates.
Board Endorsement and Management Continuity:
PointsBet chairman Brett Paton acknowledged Swanell’s contribution to the enterprise and confirmed the board’s help for the brand new appointment.
“On behalf of the Board, I want to thank Sam Swanell for his distinctive management, unwavering dedication and deep contribution to PointsBet since founding the Firm,” Paton mentioned within the firm’s press launch (pdf).
“Sam has guided PointsBet by means of each stage of its improvement and development, and his continued involvement in an advisory capability, in addition to his ongoing service on the Board, will make sure the enterprise continues to learn from his perception and expertise.”
Paton additionally welcomed Catterall’s elevation to the highest position.
“We’re delighted to nominate Andrew Catterall as Group CEO. Andrew has delivered robust efficiency inside our Australian operations and brings intensive trade experience, strategic functionality and management qualities that can information PointsBet into its subsequent section. The Board congratulates Andrew on his appointment and appears ahead to working carefully with him as he leads the Group ahead.”
Swanell, one among PointsBet’s three co-founders, has served as chief government since July 2016. He led the corporate by means of its early enlargement, worldwide market entry, and public itemizing on the Australian Securities Alternate. Beneath the transition plan, he’ll work carefully with Catterall over the approaching months to make sure an orderly switch of obligations.
The manager replace follows vital modifications to PointsBet’s possession and board construction throughout 2024. In October, Japanese expertise firm Mixi Inc., by means of its subsidiary Mixi Australia, gained management of PointsBet after finishing an off-market takeover. The transaction resulted in Mixi securing roughly 66.4 p.c of the corporate’s voting energy.
Following the takeover, PointsBet shareholders accredited the appointment of three Mixi-nominated administrators to the board. Sho Okuyama, Kanji Kobayashi, and Taishi Oba joined as non-executive administrators, whereas Paton remained chairman and Swanell retained his board place. A number of current administrators resigned as a part of the board refresh.
Regardless of stepping down as group CEO, Swanell’s ongoing presence in each advisory and board roles is anticipated to supply stability in the course of the transition interval. PointsBet has not introduced any speedy modifications to its enterprise technique in reference to the management replace and mentioned additional particulars relating to government employment agreements will probably be disclosed as soon as finalised.
