Rank Group Plc has confirmed the resignation of Bill Floydd as Chief Financial Officer (CFO) of the LSE gambling group, who is moving on to join luxury retailer Watches of Switzerland.
An executive search has begun for Floydd’s replacement, as Rank’s financial officer will maintain the role until the end of year trading.
The former CFO of Experian UK and Ireland, Floydd joined Rank in 2018 as part of a new executive team tasked with spearheading the transformation of Grosvenor Casino and Mecca Bingo properties.
Rank Chief Executive John O’Reilly praised Floydd’s financial stewardship during 2020 and 2021, helping the firm mitigate COVID-19 and lockdown headwinds.
“Bill has been an excellent CFO since joining Rank shortly after I joined in 2018 and I will be sad to see him go,” said O’Reilly. “He has helped secure the Group’s liquidity and future through the pandemic and will leave Rank in excellent financial shape.”
Leading its post-lockdown recovery, Rank has announced a series of executive team changes, including promoting former Strive Gaming CEO Eitan Boyd to the position of Chief Innovation Officer – leading development of the group’s new proprietary tech platforms.
Elsewhere, Rank promoted former group Strategy Director Jon Martin to serve as Managing Director of Rank Digital UK – overseeing the growth of Mecca and Grosvenor’s online brands.