Major operators strengthen senior management teams

Major operators strengthen senior management teams

Thursday, July 2, 2015 Totally Gaming
Mark Frissora has taken over as Caesars' president and CEO

Gala Coral, Caesars Entertainment Corp. and Paddy Power have all opted to make changes to their senior management teams.

US casino operator Caesars has confirmed that Mark Frissora has taken over as president and chief executive officer. Confirmation of the appointment comes after Frissora was named as the successor to Gary Loveman, who opted to stand down in February.

Frissora, who previously served as chief executive officer of vehicle rental firm Hertz Global, now becomes president and chief executive of Caesars Enterprise Services and joins the CES Steering Committee. Loveman will continue to serve as chairman of the board.

“I am excited about the opportunities ahead and to become part of such a dynamic company and industry,” Frissora said. “Caesars has a diverse collection of assets, a highly engaged management team and employee base and strong loyalty among its customers."

Meanwhile, Irish bookmaker Paddy Power has confirmed that Gary McGann has taken on the role of chairman, replacing Nigel Northridge, who stood down at the end of June.

McGann previously served as a non-executive director at the bookmaker after having joined the company in November 2014. He will now take on the role of chairman at the company and replace Northridge, who had held the role since January 2009.

Elsewhere, gambling operator Gala Coral has opted to make changes to its senior management team by appointing former Playtech executive Shay Segev as its new chief strategy officer.

Segev had been serving as chief operating officer at Playtech up until June of this year, but has now moved to Gala Coral, currently in talks with Ladbrokes about a potential merger.

Segev began his time at Playtech in 2006 by overseeing the firm’s Videobet subsidiary. In November 2008, he was appointed to a more senior role at Playtech before later taking on the role of chief operating officer.

During his time with the company, he also established the Playtech Retail arm, which he served as chief executive officer of for a period.

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