Posted on: May 7, 2026, 12:29h.
Last updated on: May 7, 2026, 12:29h.
The gaming company will pay the former FanDuel CEO $4.37 million, or two years of base salary She’s also receiving restricted stock units (RSUs) A year of health insurance also includeNow former FanDuel CEO Amy Howe isn’t walking away from the gaming company owned by Flutter Entertainment (NYSE: FLUT) empty-handed.
Flutter’s severance package for former FanDuel CEO Amy Howe is generous, but not overly so. (Image: Flutter Entertainment)In a Form 8-K filed with the Securities and Exchange Commission (SEC), Flutter revealed it will pay Howe $4.37 million, the equivalent of 24 months of her base salary “plus annual bonus opportunity” over a 52-week period. Howe, whose departure was announced yesterday, will also receive restricted stock units (RSUs) as part of the severance package.
In respect of the awards granted as time-based restricted stock units (“RSUs”) under the Flutter 2024 Omnibus Incentive Plan, full vesting of tranche 1 of the 2025 RSUs and tranche 1 of the 2026 RSUs, and a time pro-rated vesting of the remainder of RSUs; (iii) full vesting of the RSUs granted under the Flutter 2016 Restricted Share Plan; (iv) a time pro-rated vesting of her performance stock units subject to achievement of the performance conditions,” according to the regulatory document.
Howe is also entitled to any unpaid and benefits and Flutter is covering her health insurance expenses for up to a year. She’s being replaced by FanDuel president Christian Genetski, though it’s not yet clear if that’s on an interim or permanent basis.
“The Separation Agreement also includes customary provisions, including non-disparagement, cooperation in certain matters, return of employer’s property, confidentiality obligations, and non-solicitation of employees for one year,” according to the 8-K.
Howe’s Flutter Severance Appears Typical
Howe’s separation package appears to be in-line with Corporate America standards, indicating Flutter isn’t being overly generous so as to raise alarms with ornery investors. Nor is it being excessively frugal to the point that it could be vulnerable to challenges from the departed FanDuel leader.
Broadly speaking, it’s common for C-level executives to receive six to 12 months of base pay in severance negotiations with that time frame moving up to 24 months for CEOs, according to Sequoia, a firm specializing in corporate benefits and compensation practices.
Arguably, Flutter is being somewhat generous in granting Howe equity, but that may have been built into her employment contract.
“This is less common, but when offered, it’s usually based on either a prorated or target bonus amount. Companies focused on conserving cash often exclude bonuses from severance,” notes Sequoia.
London Listing Review
Separately, Flutter is reviewing its listing on the London Stock Exchange, something CEO Peter Jackson announced on the company’s first-quarter earnings conference call yesterday. The implication is that Flutter may be mulling pulling its London listing.
“Finally, I wanted to note our plans to review our London Stock Exchange listing as we consider streamlining the dual listing. We expect this review to conclude during Q2, and we’ll update on our findings at that time,” said Jackson.
It’s been about two years since the gaming company moved its primary listing to New York from London.
Howe Gets $4.37M, Stock, Health Insurance in Flutter Severance NYT News Today.
Hence then, the article about howe gets 4 37m stock health insurance in flutter severance was published today ( ) and is available on NY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Howe Gets $4.37M, Stock, Health Insurance in Flutter Severance )
Also on site :