It’s yet not certain when Ed Wray will leave the company, but the latest news is another blow to the company’s share prices, which were undermined by the latest exodus of top and middle management. Australian CEO Andrew Twaits and the group’s CEO David Yu have left the company not so long ago.

Wray informed shareholders that the board is already looking for his replacement, however it remains unclear whether he will remain on the board. Wray also stated that the search for new Betfair CEO is going well, he said: “We are confident that we will get a great new leader for the business and will update you on progress in due course.”Wray also shared with investors, during the company’s annual meeting: “We look to the current financial year with confidence & a strategy that will cement our position as the leading online betting operator.”Join Betfair today to choose from an extensive list of betting offers on almost any sporting event on the planet and receive a £25 Free Bet on your first deposit.

 

Betfair Sportsbook   Betfair Sportsbook  

Similar Posts:

Share