Tag Archives: Peter Erskine

Entain sells Betdaq back to Dermot Desmond

Entain Plc has confirmed the sale of the online betting exchange Betdaq to former owner Dermot Desmond for an undisclosed fee.  The FTSE100 gambling group issued a one-line statement, informing media of its divestment of Betdaq to the Irish billionaire financier and horseracing magnet. Desmond retakes control of Betdaq, a venture the businessman backed in the early 2000s, during the …

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Ian Bull steps down as Ladbrokes CFO

Ladbrokes Plc has confirmed that CFO Ian Bull will step down from his executive role in February of 2016, following the planned completion of the Ladbrokes Gala Coral Group merger. Ladbrokes Gala Coral merged financial operations will be headed up by Gala Coral CFO Paul Bowtell. Ladbrokes further informed that should the merger be completed before schedule, Bull will exit …

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Darren Shapland steps down as Ladbrokes Non-Executive Director

Ladbrokes Plc has announced the retirement of Darren Shapland as Non-Executive director. Shapland leaves the operator following, six years’ service, five of which he served as Chair of the Audit Committee The Ladbrokes board, informed its operations and the media that it had begun to look for Shapland’s replacement, and that it expects to make an announcement on the pending …

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Dipen Nagda takes over as Ladbrokes digital products lead

Ladbrokes continues to re-structure its senior management with the promotion of Head of Mobile Dipen Nagda to Head of Digital Products. Dipen who takes over digital product strategy will report to new Digital Director Andrew Bagguley. A mobile focused professional, Nagda re-joined Ladbrokes in 2012 as Mobile Sportsbook Product Owner, were he undertook an overhaul of the operators mobile strategy, reversing the …

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Shareholders criticise Ladbrokes over Richard Glynn pay-off

Shareholders at under-performing Ladbrokes have criticised the company’s corporate governance with regards to former CEO Richard Glynn executive remuneration and final compensation pay-off. Investor concerns regarding the former CEO’s compensation were put forward to Ladbrokes governance at the company’s annual general meeting held last Thursday. An estimated 40% of shareholders failed to back the remuneration policy for Glynn. The Guardian …

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Peter Erskine steps down as Ladbrokes Chairman

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 …

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Richard Glynn steps down as Ladbrokes CEO

Ladbrokes announced that Chief Executive Officer Richard Glynn will step down next year after four years leading the UK bookmaker and FTSE 250 Company. Richard Glynn was appointed CEO of Ladbrokes in April 2010 with hopes of turning around the operators performance, Glynn had emphasised that Ladbrokes would focus on creating market leading igaming and online sports betting product offerings. …

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Richard Glynn Ladbrokes “a far stronger company and well positioned for growth”

Weekend news reports stated that Ladbrokes Chief Executive Richard Glynn’s fate would be decided by this Tuesday interim performance report.  The Sunday Times had reported that a group of major shareholders were greatly concerned with the company’s performance under Glynn’s leadership. On Tuesday Ladbrokes published a profit after tax drop of 49.8% to £23.7m for the period, with huge drops …

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Ladbrokes forms social responsibility committee

Ladbrokes are set to create a new social responsibility committee, which will have the purpose of helping their board to oversee the establishment of a socially responsible approach to providing betting and gaming to the bookmakers’ customers. This announcement was first made by the bookmaker in February this year. John Kelly, the Senior Independent Director, will chair the committee whilst …

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