Insider Dan Taylor takes over after a closely foreshadowed succession.

The successor is less surprising than the CEO departure. Taylor was elevated to President in May while retaining leadership of Flutter International and taking responsibility for commercial delivery across both FanDuel and the international portfolio—positioning him as the obvious internal successor. His October 1 appointment therefore limits succession disruption, but Peter Jackson’s decision to leave the CEO and board roles is new information rather than a routine confirmation (Item 5.02; Exhibit 99.1 — *CEO transition announcement*).

The handover is structured for continuity, not a change of strategy. Jackson remains CEO through September 30 and then an adviser through December 31; the filing says his departure was not due to a disagreement. Taylor already leads an international operation that generated more than $9 billion of 2025 revenue and over $2.2 billion of adjusted EBITDA, and has had groupwide commercial responsibilities since May (Item 5.02; Exhibit 99.1 — *Dan Taylor biography*).

That makes the announcement broadly in line with an emerging market expectation, rather than a fresh operating catalyst. The filing provides no new financial targets, strategy reset, or update to outlook. It points to Taylor's involvement in FanDuel's sportsbook improvement plan, but characterizes its progress only as "encouraging early signs"—not as a quantified turnaround (Exhibit 99.1 — *CEO transition announcement*).

The cost of Jackson’s exit is real but cannot yet be measured from this filing. He will receive remaining notice-period pay and benefits, a 2026 performance-based bonus opportunity, various equity awards subject in part to performance conditions, up to 12 months of health coverage, and an additional cash payment equal to three months of salary, pension contributions and benefits. Dollar amounts and Taylor’s new compensation have not yet been disclosed, so investors cannot quantify the one-time expense or the new CEO pay package (Item 5.02 — *Transition Agreement with Mr. Jackson*).