Ladbrokes Names John Kelly Chairman of Board In Front of Coral Merger
UK-based betting and video gaming operator Ladbrokes plc announced today the visit of John Kelly as Chairman associated with the business’s Board. Mr. Kelly has taken the post straight away, after former Ladbrokes Chairman Peter Erskine stepped down from the place on December 3.
The gambling company also announced that Mark soreness is appointed as Non-Executive Director and Chairman of its Audit Committee.
Previous Ladbrokes Chairman Peter Erskine made public his intentions to leave the Board on May 7, 2015. Aided by the shareholder that is overwhelmingly positive for the proposed £2.3-billion merger with competing operator Coral Group, Mr. Erskine left the Board formally, handing the role to his successor. Mr. Kelly is likewise Chairman regarding the combined entity Ladbrokes Coral Plc, provided that the merger receives the required regulatory approval.
Commenting on his new post, Mr. Kelly said it a great honor to be Chairman of the major gambling company, especially at such an important stage in its history that he considers. The state included that they shall now follow the ‘aggressive organic plan’ introduced by CEO Jim Mullen and will work hard towards the completion for the proposed merger.
Mr. Kelly additionally would not miss to acknowledge his predecessor’s efforts to ‘steer the business enterprise through a much needed modernization’ and their help at the instances when the organization was facing major challenges. Read more →