Paddy Power Betfair plc CFO Appointment (1500J)
March 28 2018 - 2:01AM
UK Regulatory
TIDMPPB
RNS Number : 1500J
Paddy Power Betfair plc
28 March 2018
28 March 2018
Paddy Power Betfair plc
CFO Appointment
Paddy Power Betfair plc today announces that Jonathan Hill will
be appointed as Chief Financial Officer (CFO). Jonathan, who is
currently CFO at Saga plc, will take up the role in the autumn.
Jonathan joined Saga plc as CFO in April 2015 and was previously
Group Finance Director at Bovis Homes. Prior to that he held senior
finance roles at TUI Travel and Centrica. Jonathan qualified as a
Chartered Accountant with Price Waterhouse.
Commenting on the appointment, CEO Peter Jackson said: "We're
delighted that Jonathan is joining us. He brings substantial
strategic and operational finance experience in consumer businesses
and I am confident he will make a significant contribution to Paddy
Power Betfair's future success."
Jonathan Hill commented: "I am excited to be joining a business
with great brands, differentiated products and substantial
international scale. There are many opportunities to drive
shareholder value and I look forward to being part of the team to
deliver this".
Jonathan will replace Alex Gersh, who, as previously announced,
advised the Board of his intention to step down upon appointment of
a successor. Alex will continue as CFO until Jonathan takes up the
role.
ENDS
Contacts:
Paul Rushton, Investor Relations + 44 20 8834 6139 / + 353 1 903
9105
James Midmer, Corporate Communications + 44 20 8834 6843 / + 353
1 903 9106
This information is provided by RNS
The company news service from the London Stock Exchange
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