01—Abstract
Summary
Summary of the 8-K filed August 5, 2026. Cited figures are marked; the original filing is the authoritative source.
Flutter Entertainment plc (NYSE: FLUT) announced on August 5, 2026 that Dan Taylor, currently Flutter President and Chief Executive Officer of its International Division, will become Group Chief Executive Officer and a member of the Board effective October 1, 2026.
Taylor, age 46, was promoted to Flutter President in May 2026 and is responsible for the overall commercial delivery of both FanDuel and Flutter International. The Compensation and Human Resources Committee has not yet determined his compensation arrangements; the Company says it will file an amendment to this Current Report once they are approved. Peter Jackson will step down as Chief Executive Officer and Director on September 30, 2026, and will remain as an advisor through the end of the year.
Under a Transition Agreement dated August 4, 2026, his employment terminates December 31, 2026. The filing states that his departure did not result from any disagreement with the Company on operations, policies or practices. The agreement provides for payment in lieu of the balance of a 12-month notice period, a 2026 annual bonus based on actual Company performance, accelerated or pro-rated vesting of various equity awards subject to performance conditions, a lump sum equal to three months' base salary and benefits, and up to 12 months of health insurance or payment in lieu.
The filing also furnishes a press release that reports Flutter's second quarter 2026 results were released separately the same day, with a conference call at 8:30 a.m. EDT. The press release states that the International division generated more than $9 billiona of annual revenue and over $2.2 billion of Adjusted EBITDA in 2025, and that the Group had $4,326m of revenue for the quarter ended June 30, 2026, up 3% year over year.
02—Key points
Key Highlights
- Dan Taylor named Group Chief Executive Officer and Board member, effective October 1, 2026, succeeding Peter Jackson
- Taylor currently serves as Flutter President (since May 2026) and CEO of the International Division, which generated more than $9 billion of annual revenue and over $2.2 billion of Adjusted EBITDA in 2025
- Peter Jackson steps down as CEO and Director on September 30, 2026, and remains an advisor through year-end; employment terminates December 31, 2026
- Filing states Jackson's departure did not result from any disagreement with the Company on operations, policies or practices
- Jackson's Transition Agreement includes payment in lieu of the 12-month notice period, a 2026 bonus based on actual performance, and time pro-rated or full vesting of certain equity awards subject to performance conditions
- Taylor's compensation arrangements have not yet been determined; an 8-K amendment will follow upon approval by the Compensation and Human Resources Committee
- Q2 2026 revenue of $4,326m, up 3% year over year, per the press release, with results and conference call released the same day
03—Questions
Frequently Asked Questions
Who is replacing Peter Jackson as CEO and when does the change take effect?
Dan Taylor, currently Flutter President and CEO of the International Division, will become Group Chief Executive Officer and join the Board effective October 1, 2026. Jackson steps down on September 30, 2026.
Did Peter Jackson's departure relate to any disagreement with the Company?
No. The filing states that Jackson's departure did not result from any disagreement with the Company, its management or the Board on any matter related to its operations, policies or practices.
What severance and transition benefits will Peter Jackson receive?
Under the Transition Agreement dated August 4, 2026, Jackson receives payment in lieu of the balance of his 12-month notice period for base salary, pension and benefits (excluding health insurance), a 2026 annual bonus based on actual Company performance, vesting of certain equity awards (with full vesting of one LTIP tranche and time pro-rated vesting of others, subject to performance conditions), up to 12 months of health insurance or payment in lieu, and a lump sum equal to three months' base salary, pension and benefits. The filing also provides for professional advisor fee reimbursement up to a specified maximum.
Has Dan Taylor's compensation been set?
Not yet. The filing states that the Company will file an amendment to this Current Report on Form 8-K once the compensation arrangements for Mr. Taylor have been determined and approved by the Compensation and Human Resources Committee of the Board.
What is Dan Taylor's background?
Taylor, age 46, has been Flutter President since May 2026 and CEO of the International Division since 2020. He was CEO of Paddy Power Betfair from 2018 to 2020 and Managing Director, UK & Ireland and Managing Director, Retail from 2015 to 2018. Before Flutter, he worked at Teletext Holidays, DMG Media and OC&C Strategy Consultants. He is a non-executive director at Dunelm Group plc and holds an MA in Economics from the University of Cambridge.
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