Flutter announced Amy Howe left as FanDuel CEO effective May 6 with $4,370,828 in severance and pro‑rated/vested equity after five years. Christian Genetski (FanDuel President) assumes leadership of the US business while retaining corporate strategy and legal/regulatory responsibilities; Dan Taylor is appointed group‑level President to oversee FanDuel and international operations. The change was disclosed with Q1 2026 results: group revenue +17% to $4.3bn, U.S. revenue +6% to $1.76bn, U.S. sportsbook revenue +1%, and FY 2026 EBITDA guidance lowered from $2.97bn to $2.87bn. Management cited U.S. underperformance; additional departures and a possible LSE delisting review were noted, and shares have declined ~57% over the past year.

Executive departure with sizeable severance, management citing U.S. underperformance, a $100m reduction in FY EBITDA guidance, and a ~57% share decline are concrete negative signals for the company; Q1 revenue growth limits but does not offset guidance cut, making the news moderately market‑moving.