SAN FRANCISCO (Thomson Financial) - Youbet.com Inc. said Friday that
Chairman and Chief Executive Charles Champion plans to resign, effective Dec.
11.
The Woodland Hills, Calif.-based company said it has named Gary Sproule,
chief operating officer, as interim CEO.
Champion plans to continue to work with the company during the transition
period and will provide assistance as requested by the board, the company noted.
Shares of Youbet.com, a provider of technology and pari-mutuel horse-racing
content through Internet and telephone platforms, were up 5 cents, or about 5%,
at $1.06.
Katherine Hunt
kh/jw
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