SBC News Voice of the Sports Betting Industry
Peter Erskine, Ladbrokes PLC Chairman has announced his intention to step down from the post during 2015. A search for his successor is now underway and being led by Senior Non Executive Director, John Kelly.
Peter Erskine was appointed Chairman in 2009, Ladbrokes governance has confirmed that Erskine would work with the Board on a suitable transition to the new Chairman.
Commenting on his decision Peter Erskine said:
“Since becoming Chairman six years ago, Ladbrokes has undertaken the necessary and difficult journey to modernise much of our business operations to enable us to compete more effectively in a rapidly changing digital market and a challenging retail and political environment. In that time real progress has been made.
“In recent months I, and the Board, have overseen the transition from Richard Glynn to a new CEO, Jim Mullen. I feel that now, with stronger foundations in place and with our new CEO looking to build on the changes made, it is the right time for there to be a change in Chairman to one who will be able to see out the entirety of the next stage of the journey.
“It has been a real honour to be the Chairman of Ladbrokes for these past six years. The search for my successor will begin now and I will step down when my successor is in place. Until that time, my focus will be on helping Jim formulate and then implement his plans for the business.”
