888 Holdings has finalized its purchase of William Hill’s global holdings after a successful bid. This action brings both the William Hill and Mr Green brands under the 888 banner. The integration includes several leadership adjustments.
Ulrik Bengtsson, William Hill’s previous head, has resigned, as revealed last week. Eric Hageman, the Chief Financial Officer (CFO), is also departing as part of what 888 terms an “structural shift.”
Nevertheless, some recognizable figures from William Hill will persist. Mark Skinner, who joined William Hill in 2021 and possesses a background in senior HR positions there, will remain as the Chief People Officer. Satty Bhens, who has served as William Hill’s Chief Product and Technology Officer since 2019, also continues in his role.
The unified entity will be spearheaded by Itai Pazner, the existing CEO of 888. He will be aided by other 888 executives, including CFO Yariv Dafna and COO Guy Cohen.
Moving forward, 888 intends to disclose its mid-year outcomes in August, at which time it will commence reporting its financial figures in British pounds.
“I am pleased to declare the finalization of our transformative acquisition of William Hill,” remarked Pazner.
Weve formed an exceptional executive group, merging the finest aspects of each entity. Moving forward, we’re poised to lead the industry with our unified product portfolio and content generation capabilities. Furthermore, with our advanced technology and internationally acclaimed brands, the possibilities are endless.”
“A heartfelt appreciation to Ulrik and Erik for their commitment and efforts at William Hill. We extend our best wishes for success in their future pursuits.”
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