Flutter Entertainment Names Dan Taylor CEO; Peter Jackson to Step Down

What Happened
Flutter Entertainment plc announced on August 5, 2026 that Dan Taylor will become the company’s Chief Executive Officer and a member of the Board effective October 1, 2026. Current CEO Peter Jackson will step down as CEO and Director on September 30, 2026 and remain with the company as an advisor through December 31, 2026. The company will file an amendment to this Form 8‑K when Mr. Taylor’s compensation arrangements are determined and approved.

Key Details

• Appointment and timing: Dan Taylor (age 46) appointed CEO effective October 1, 2026; Peter Jackson steps down Sept 30, 2026 and employment terminates Dec 31, 2026.
• Transition agreement: Executed Aug 4, 2026 with Flutter Services UK Limited; Jackson will continue base salary, pension contributions and benefits through the Termination Date.
• Cash and benefits: Jackson will receive payment in lieu of the balance of his 12‑month notice period (base salary, pension contributions and benefits excluding health insurance) and a lump-sum cash payment equal to 3 months’ base salary, pension contributions and benefits (excluding health insurance). Company will continue health insurance at its expense for up to 12 months or pay in lieu.
• Equity and incentives: Jackson remains eligible for a 2026 annual bonus based on actual company performance; Deferred Share Incentive Plan awards will vest as soon as practicable after termination; Long‑Term Incentive Plan: full vesting of Tranche 2 and time-pro-rated vesting of Tranches 3 & 4 subject to performance; 2024 Omnibus RSUs and PSUs time-pro-rated (PSUs subject to performance). Holding periods on equity awards will cease after the Termination Date (subject to share dealing, malus and clawback policies).
• Background and governance notes: Taylor was promoted to President in May 2026 while serving as CEO of Flutter’s International Division since 2020; previously CEO of Paddy Power Betfair (2018–2020). No related-party transactions reported for Taylor. A press release was furnished as Exhibit 99.1.

Why It Matters
This is a formal leadership transition at the top of Flutter ahead of the October 1, 2026 start date for the new CEO. The Transition Agreement includes cash payments, continued benefits, and accelerated/time‑pro‑rated equity vesting that may affect the company’s near‑term compensation expense and future share-related dilution (to the extent awards vest and are settled in shares). Investors should watch for the forthcoming 8‑K amendment with Mr. Taylor’s compensation details and the company’s 10‑Q (which will include the Transition Agreement as an exhibit) for the full financial impact and any additional disclosures.