Board of Directors
Our board of directors has nominated for election to the board at the special meeting Nicholas Hagen, Philip Russmeyer and John Vandemore, the Vitruvian designees, as well as (i) A. Lorne Weil, a current director, our current CEO and Chairman of the Board, (ii) Luke Alvarez, the current CEO of Inspired and prospective CEO of the Company following the Business Combination (iii) Ira Raphaelson, a Sponsors designee, and (iv) Roger Withers, a Sponsors designee, each to take office immediately upon the closing of the Business Combination (the “Director Election Proposal”). Messrs. Dannhauser, Miller, Shea and Stevens, who currently serve on our board, have submitted prospective resignations from their positions as directors, effective immediately upon the closing of the Business Combination. This proposal is conditioned upon the approval of Proposal 3, but is not conditioned upon the approval of the Business Combination Proposal. However, if the Business Combination Proposal is not approved, the proposed amendments to the Company’s existing charter, including Proposal 3, will not be implemented, the prospective resignations submitted by four of our current directors will not become effective, and the election of the seven directors will not take effect. The following sets forth information regarding each nominee.
Mr. Weil is the Executive Chairman of Inspired Entertainment, Inc. Mr. Weil was the co-sponsor and founder of Inspired's predecessor and previously served as its Chairman and Chief Executive Officer. Mr. Weil is a principal of Hydra Management, an investment vehicle that he formed in 2014. Mr. Weil was Chairman of the Board of Scientific Games Corporation from 1991 to 2013, and he was Chief Executive Officer of Scientific Games from 1992 to 2008 and from 2010 to 2013. Under Mr. Weil’s stewardship of Scientific Games, the company made a number of significant acquisitions and joint ventures, including the privatization of the off-track betting operations of the State of Connecticut, the acquisitions of Scientific Games Holdings Corp., IGT Online Entertainment Systems, Global Draw and WMS Industries, and the privatization of the Illinois, New Jersey and Italian lotteries. Prior to joining Scientific Games, Mr. Weil was President of Lorne Weil, Inc., a firm he founded which provided strategic planning and corporate development services to technology-based industries, a role he maintained from 1979 to November 1992. From 1974 to 1979, Mr. Weil was Vice President of Corporate Development at General Instrument Corporation. From 1970 to 1974, Mr. Weil was a manager with the Boston Consulting Group. Mr. Weil received his undergraduate degree from the University of Toronto, an M.S. degree from the London School of Economics and an M.B.A. from Columbia University, where he served for more than 10 years on the Board of Overseers. In 2012, Mr. Weil was the sponsor and Chairman of the Board of Andina Acquisition Corp., a NASDAQ-listed blank check company, and is currently Chairman of its successor entity, Tecnoglass Inc.
President and CEO of Inspired Entertainment, Inc.
Luke co-founded Inspired in 2002 and has been Chief Executive Officer since its inception.
Prior to this, he held digital strategy, product development and business development roles at Comshare Inc. (a NASDAQ listed enterprise software company), The Boston Consulting Group (a leading strategy adviser), Boo.com (an early internet retailer) and Emap plc (a FTSE100 media group).
Luke graduated with First Class Honors and an M.Phil in Philosophy from Kings College, Cambridge, and was a visiting Fulbright Scholar to the University of California Berkeley, where he was awarded the Ralph W. Church Scholarship. From 2004 – 2006, Luke was a Non-Executive Director of Leisure Link Holdings (a large UK gaming route operator) and The Cloud Networks Ltd (Europe’s leading wifi startup).
Chief Operating Officer of London House Exchange Ltd
Nicholas Hagen, 44, is the Chief Operating Officer of London House Exchange Ltd, trading as Property Partner (a private limited company). Property Partner is a residential property investment firm. He has held the role since February 2016. Prior to joining Property Partner, Mr. Hagen was the Sports Operations Director of Betfair Group PLC, a sports betting and gaming company, from 2011 to 2015. Prior to joining Betfair, between 2008- 2011 Mr. Hagen held a number of positions at GTECH G2, a subsidiary of Lottomatica Group, rising to Chief Operating Officer – Sports Betting. Mr. Hagen has also held positions with Gastro Gaming Company Ltd. and Sporting Index Group. Mr. Hagen holds a History of Art degree from the University of Manchester. Mr. Hagen has been selected to serve as a director due to his prior management experience and network of relationships in the sports betting and gaming industries.
Executive Vice President and Global General Counsel of Las Vegas Sands Corp.
Ira H. Raphaelson, 63, served as Executive Vice President and Global General Counsel of Las Vegas Sands Corp. from November 2011 and the Company's Secretary from January 2015 until August 2016. Mr. Raphaelson served as vice president and general counsel of Scientific Games Corp. from February 2006 until October 2011 and as its secretary from June 2006 until October 2011. Mr. Raphaelson was a partner in and helped manage the Washington D.C. office of the law firm of O'Melveny & Myers LLP for ten years and a partner in the Washington D.C. office of Shaw Pittman for three years. Prior to entering private practice, he was a state and federal prosecutor for 15 years, serving the last two years as a Presidentially appointed Special Counsel for Financial Institutions Crime. Mr. Raphaelson has been selected to serve as a director due to his prior legal experience and network of relationships in the sports betting and gaming industries.
Chief Executive Officer of The Faction Collective S.A.
Marcus Alexander Hoye, 48, is the Chief Executive Officer of The Faction Collective S.A., a venture-backed retail brand platform that he co-founded in 2006. He is Chairman and co-founder of the London-based Runway East which provides co-working locations and other services for businesses. He was Chief Executive Officer of the digital marketing firm Latitude Group from August 2008 to November 2012. In 1999, he co-founded GoIndustry plc, a global industrial asset resale marketplace, where he was CFO when it was taken public in 2006. He is an angel investor in numerous technology and retail-based projects. He was employed by McKinsey & Co. from 1996 to 1999 as a management consultant with a focus on financial institutions, corporate restructuring, eCommerce, M&A and new market entry and before that worked in the Studios strategic planning division of Walt Disney Company. He has an undergraduate degree from Stanford University and an M.B.A. from Harvard Business School.
Executive Vice President, Divisional Chief Financial Officer of Mattel
John M. Vandemore, 43, has served as Executive Vice President, Divisional Chief Financial Officer of Mattel, a leading global toy manufacturer, since September 2015. Prior to that he served as Chief Financial Officer and Treasurer of International Game Technology from 2012 until 2015. Prior to that, from 2007 to 2012, Mr. Vandemore served as Vice President and Chief Financial Officer of Walt Disney Imagineering, a division of The Walt Disney Company, a global entertainment company. From 2005 to 2007, Mr. Vandemore served as Vice President and Director, Operations Planning & Analysis of The Walt Disney Company. Prior to 2005, Mr. Vandemore held various positions at AlixPartners, Goldman Sachs, and PricewaterhouseCoopers. Mr. Vandemore earned a Bachelor of Business Administration degree with a major in Accountancy from the University of Notre Dame and a Master of Business Administration degree from the J.L. Kellogg Graduate School of Management at Northwestern University. Mr. Vandemore has been selected to serve as a director due to his prior management experience and network of relationships in the gaming industry.
Non-Executive Chairman of Sportech Plc
Roger Dean Withers, 74, has been the Non-Executive Chairman of Sportech Plc since 2011. He also served as a Director of Sportech from 2001 until 2006. He has served as Non-Executive Chairman of SafeCharge International Group Ltd since 2015. Mr. Withers served as Non-Executive Chairman of Playtech Plc from 2006 until 2013 and as Non-Executive Chairman of Arena Leisure Plc from 2001 until 2006. Mr. Withers has held senior executive positions with Bass Plc and Ladbroke Plc and has also held positions with Booz Allan & Hamilton. Mr. Withers has been selected to serve as a director due to his prior management experience and network of relationships in the sports betting and gaming industries.