Lee Feldman (businessman)
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Lee Michael Feldman (born 1967/1968) is an American lawyer and businessman, and the chairman of
GVC Holdings Entain plc, formerly GVC Holdings, is an international sports betting and gambling company. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It owns brands such as bwin, Coral, Ladbrokes, PartyPoker, and Sp ...
, the
FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
gambling conglomerate, and the managing partner of the private equity firm, Twin Lakes Capital Management, LLC.


Early life

Feldman earned a bachelor's degree and a juris doctor in law, both from
Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
.


Career

Feldman started his career as a corporate lawyer for O'Sullivan, Graev and Karabell. In December 2004, Feldman joined GVC Holdings, and has been non-executive chairman since September 2008. In 2007, Feldman co-founded the private equity firm, Twin Lakes Capital Management, LLC. From at least 2008 to 2012, Feldman was CEO of
Aurora Brands An aurora (plural: auroras or aurorae), also commonly known as the polar lights, is a natural light display in Earth's sky, predominantly seen in high-latitude regions (around the Arctic and Antarctic). Auroras display dynamic patterns of b ...
, which owns the home furnishing brands
MacKenzie-Childs MacKenzie-Childs, Ltd. is a manufacturer of ceramics and retailer of hand-painted imported furniture and home décor, based in Aurora, New York, and founded in 1983 by Victoria and Richard MacKenzie-Childs. The company entered Chapter 11 bankrupt ...
and
Jay Strongwater A jay is a member of a number of species of medium-sized, usually colorful and noisy, passerine birds in the Crow family, Corvidae. The evolutionary relationships between the jays and the magpies are rather complex. For example, the Euras ...
. In 2017, Feldman and the CEO of GVC,
Kenny Alexander Kenneth Cooper Alexander (born October 17, 1966) is an American politician currently serving as mayor of Norfolk, Virginia. Alexander also serves as chancellor for twenty career colleges which includes: (i) Centura College; a healthcare, busi ...
earned a total of £26.9 million, and 44% of shareholders voted against the company's remuneration report. In March 2019, ''
Sky News Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via an English-language radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the hea ...
'' reported that Feldman would leave the company on or before the company's "annual general meeting next year". Steven Stradbrooke of CalvinAyers.com has reported that date to be June 5. While Feldman was overdue to leave under UK corporate governance code that recommends chairs of listed companies not stay in position longer than nine years, the news came two weeks after Feldman sold £6m worth of his GVC shares and CEO Alexander sold shares worth £13.7m, which led to GVC's share price falling nearly 14% in a single day.


Personal life

Feldman is married to Lauren Feldman. They live in New York City, and have three children.


References

{{DEFAULTSORT:Feldman, Lee Living people 1960s births Columbia Law School alumni American lawyers American company founders People from Boston American chairpersons of corporations Private equity and venture capital investors