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Ladbrokes Names John Kelly Chairman of Board In Front of Coral Merger
UK-based betting and gaming operator Ladbrokes plc announced the appointment of John Kelly as Chairman of the company’s Board today. Mr. Kelly has taken the post straight away, after former Ladbrokes Chairman Peter Erskine stepped down from the place on 3 december.
The gambling company also announced that Mark Pain is appointed as Non-Executive Director and Chairman of its Audit Committee.
Former Ladbrokes Chairman Peter Erskine made general public their motives to go out of the Board on May 7, 2015. Because of the shareholder casino-bonus-free-money.com that is overwhelmingly positive for the proposed £2.3-billion merger with competing operator Coral Group, Mr. Erskine left the Board formally, handing the part to their successor. Mr. Kelly will also be Chairman of this combined entity Ladbrokes Coral Plc, so long as the merger gets the mandatory regulatory approval.
Commenting on his new post, Mr. Kelly stated 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 official included that they shall now stick to the ‘aggressive natural plan’ introduced by CEO Jim Mullen and can strive towards the conclusion associated with proposed merger.
Mr. Kelly also didn’t miss to acknowledge his predecessor’s efforts to ‘steer the business through a much needed modernization’ and his assistance during the instances when the company was facing challenges that are major. (več …)
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