The 888 Holdings group has finalized its purchase of William Hill’s global business operations, emerging victorious from a competitive bidding process. This strategic maneuver brings both the William Hill and Mr Green brands under the control of 888. In conjunction with the integration of these entities, 888 has revealed adjustments to its executive team.
This development follows closely on the heels of the prior week’s statement that Ulrik Bengtsson, the Chief Executive Officer of William Hill, would be relinquishing his position. Eric Hageman, 888’s Chief Financial Officer, will also depart from the organization as a component of what 888 is characterizing as a “structural realignment.”
Nevertheless, certain recognizable figures from William Hill will maintain their roles. Mark Skinner, who assumed the position of Chief People Officer at William Hill in 2021 subsequent to holding various senior Human Resources positions, will persist in the same capacity.
Joining Skinner is Satty Bhens, who has functioned as William Hill’s Chief Product and Technology Officer since 2019. Both individuals will proceed in their existing capacities.
The consolidated enterprise will be spearheaded by Itai Pazner, the incumbent CEO of 888, alongside other 888 executives encompassing Yariv Dafna, CFO, and Guy Cohen, COO.
Looking towards the future, 888 intends to unveil its interim financial outcomes in August and will commence reporting its financial figures in British pounds.
“It gives me great pleasure to declare the culmination of our transformative union with William Hill,” remarked Pazner.
We have established a robust leadership group that merges the top talents from both organizations. Moving forward, our focus will be on integrating our product and content capabilities, all driven by distinctive technology and internationally acclaimed brands. This provides us with an incredibly firm base upon which to grow.”
“I extend my gratitude to both Ulrik and Erik for their considerable efforts at William Hill and wish them all the best in their future endeavors.”
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