Andy McCue Leaves COO Post at Paddy Power Betfair
Gaming driver Paddy Power Betfair affirmed the departure of former Paddy Power CEO Andy McCue from his role of Chief Operating Officer at the newly merged gambling company today. Mr. McCue will step down from his blog post on 30 april.
The official joined up with Paddy energy in 2006. He was appointed as Chief Executive from the biggest betting agent in January 2015, thriving a long-time CEO Patrick Kennedy.
It had been right after their appointment once Paddy Power revealed that it thought about the chance to merge fellow gambling company Betfair to its operations. The £6-billion deal was actually confirmed during the summer of 2015 and got sealed earlier on this year. Thus, among the world’s biggest gambling providers is made. Situated in Dublin, the recently joined organization is expected to annually create £1.1 billion in profits and £50 million in pre-tax financial savings. Former Betfair Chief Executive Officer Breon Corcoran grabbed the reigns of the group that is enlarged the moment the merger was done.
Many discovered Mr. McCue’s deviation from Paddy Power Betfair quite a move that is surprising it actually was believed that the official may sooner be successful Mr. Corcoran as lead on the newly joined betting organization.
From the announcement that is latest, Paddy electricity Betfair’s President mentioned that Mr. McCue possess played a very essential role inside the materialization with the merger arrange and its winning achievement. (mais…)