Update re Chief Financial Officer
Updated : 07:05
William Hill PLC (the 'Company')
Update re Chief Financial Officer
Issued: Thursday 26 March 2020
William Hill PLC (LSE: WMH) confirms that Adrian Marsh, the Group Finance Director ('GFD') of DS Smith Plc ('DS Smith'), has informed the Company that, given the current unprecedented circumstances, he intends to remain as DS Smith's GFD and will not now be joining William Hill. Ruth Prior, who is currently serving out her notice period, will continue in role as William Hill's Chief Financial Officer ("CFO"). The Company has immediately recommenced the search for a new CFO.
Roger Devlin, Chairman of the Board, said:
"Whilst we note the reasons for Adrian's decision, William Hill is focussed on taking the necessary steps required in these unprecedented times to protect the interests of its stakeholders. We will provide an update in due course. "
Simon Callander
Company Secretary
26 March 2020
OAM: Additional Regulated Information
William Hill LEI: 213800MDW41W5UZQIX82
Enquiries
William Hill PLC | Roger Devlin, Chairman | Tel: +44 (0) 20 7612 3000 |
| Louise Turner-Smith, Director of IR |
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Brunswick | Andrew Porter / Ruan Tremayne | Tel: +44 (0) 20 7404 5959 |
About William Hill |
William Hill PLC is one of the world's leading betting and gaming companies, employing c12,000 people. Its origins are in the UK where it was founded in 1934, and where it is listed on the London Stock Exchange. The majority of its £1.6bn annual revenues are still derived from the UK, where it has a national presence of licensed betting offices and one of the leading online betting and gaming services. William Hill's European Online business is headquartered in Gibraltar and Malta, and is licensed online in 10 countries following the acquisition of Mr Green & Co AB in January 2019. In 2012, it established William Hill US with a focus on retail and mobile operations in Nevada and became the largest sports betting business in the US. Following the ruling in May 2018 by the Supreme Court that the federal ban on state sponsored sports betting was unconstitutional, William Hill US has expanded and continues to expand as new states regulate sports betting. It is now operating in nine states: Delaware, Indiana, Iowa, Mississippi, Nevada, New Mexico, New Jersey, Rhode Island and West Virginia in addition to Washington DC. Eldorado Resorts, Inc. currently owns shares representing 20% of the share capital of William Hill US Holdco, Inc., the holding company of William Hill US.
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