Gaming operator William Hill has began their search to replace existing CEO Ralph Topping 62. Mr Toppng has declared his intention of staying with the operator until the end of 2015.
Ralph Topping has served as an employee of William Hill for more than forty years, joining the company in 1973.Topping was appointed internally as the CEO of William Hill Global Operations in February 2008, with the responsibility of managing the companies strategic direction and digital services. Further to his role as CEO Mr Topping was appointed to the William Hill Board in 2007.
Under Topping leadership, William Hill through strategic partnerships, has managed to reclaim the position of biggest sports betting and gaming operator in the UK market. Topping was an instrumental figure in the groundbreaking deal which saw the strategic convergence of William Hill and Israels Playtech Technologies.
William Hill have reemerged in the UK FTSE 100, according to UK newspaper the Sunday Times, the William Hill board have began preparing for the exit of Topping, by appointing select Executive Search companies, to begin the executive search and selection process with William Hill top tier management.
The operator is said to want to avoid having an executive consolidation period, where their firm may not have a CEO, a scenario that occurred the last time William Hill looked to appoint a new CEO. It is thought by the news source that the new CEO will be given a period of working alongside the current board and CEO, as the company looks to bed the appointment to the companies operations and management structure.