Chief Operating Officer of WorldPay has very swiftly become the Chief Financial Officer for the embattled gaming organization William Hill. This vacancy occurred when current CFO Philip Bowcock moved to fill a vacant CEO position with the organization.
Ruth Prior will begin her new tenure as CFO of William hill beginning at a subsequent proposed date later in the year. Prior served as deputy CFO of WorldPay beginning in 2013 until she ascended to the role of COO in late 2016. In the interim from Mark Summerfield who was on loan from the venerable accounting organization KPMG to fill the vacancy when Bowcock was performing in the interim status of CEO before being confirmed for the permanent CEO position.
Bowcock received his permanent confirmation recently after serving in the interim position since July of the previous year after the CEO at the time James Henderson was severed from that position.
William Hill is attempting to calm the ongoing storm that has the company struggling as of late. These recent executive acquisitions are to be seen as a decisive move toward stability from the present situation along with a change in the trajectory of the company from a business perspective. These appointments were bolstered with the new board assignments of Mark Brooker and John O’Reilly.
Mark Brooker before serving in this position served as COO of BetFair previous to the Paddy Power acquisition, and John O’Reilly was Coral’s managing director of interactive before assuming this position. Before his position at Coral, O’Reilly was an executive at Ladbrokes.
Finally, William Hill moved to further direct its company into stability through the replacement of the chairman of the board. Gareth Davies will tender his resignation during next year’s annual general meeting. However, many esteemed analysts suggest that new CEO Bowcock will keep his senior level management team obstensively in place.
The new CEO asserts that there is a trend in gaming of hiring proven high-level executives which have gained their experience apart from the gaming industry itself, but with experience in a business related to the industry. Priors appointment from a successful and pioneering background in payments will be inextricably important into bringing William Hill into compliance with regulatory authorities and directing the company back to its former growth trajectory even in the face of withering proposed profit-depleting regulatory changes forthcoming in the large markets of Australia and the UK.