Flutter, the owner of Paddy Power and other betting brands, says its group chief executive, Peter Jackson, will step down at the end of September. The company states that Jackson has held the top role for eight years and will leave after completing his tenure. The announcement comes alongside updated company forecasts that have been cut, according to the reports. The outlets describe the decision as linked to the change in expected performance, reflecting the company’s revised outlook. Both sources report the same timeline for Jackson’s departure and confirm that Flutter has set the end-of-September date for the CEO change. Details on succession or the interim leadership arrangements are not included in the provided summaries. The reports focus on the combination of the revised forecasts and the planned leadership transition at the betting group.