The 888 Holdings purchase of William Hill’s global holdings has reached its conclusion, signifying a pivotal shift for the enterprise. This action brings the renowned William Hill name under the 888 banner, joining Mr Green and forming a gaming titan.
As is customary with large-scale amalgamations, 888 is undergoing a reorganization phase, encompassing noteworthy adjustments in leadership. Ulrik Bengtsson, who held the position of William Hill’s Chief Executive, departed the previous week as anticipated. 888’s Chief Financial Officer, Eric Hageman, will also be exiting the organization.
Nevertheless, the consolidation is not a complete overhaul. Several crucial individuals from William Hill will persist, guaranteeing a level of stability. Mark Skinner, who joined William Hill in 2021 as Chief People Officer, will maintain that capacity. Satty Bhens, William Hill’s Chief Product and Technology Officer since 2019, will also stay on.
At the helm of the recently unified company will be Itai Pazner, 888’s present CEO. He will be aided by a group of seasoned executives from 888, including Yariv Dafna as CFO and Guy Cohen as COO.
The corporation is prepared to unveil its mid-year outcomes in August, offering an initial peek into its performance as a consolidated entity. These figures will be presented in British pounds, mirroring the company’s revised framework.
Conveying his positivity, Pazner remarked, “This represents a transformative juncture for 888, and I am incredibly enthusiastic about the prospects that lie ahead as we unite two formidable brands.”
“We have assembled an exceptional leadership group that merges the finest attributes of both organizations. Moving forward, we will capitalize on our collective expertise in product innovation and content generation. This, coupled with our exclusive technology and internationally acclaimed brands, positions us for a promising future.”
“I extend my gratitude to Ulrik and Erik for their unwavering dedication at William Hill and wish them success in their future pursuits.”
