Wednesday, June 27, 2007

William Hill Casino CEO Steps Down

William Hill Casino CEO and one of the top online casino industry's most respected, Mr. David Harding, is to step down from William Hill at the end of the 2007.

Mr. Harding said that he will be moving on after seven great years with the UK bookmaking giant to seek new challenges, this departure follows the one of William Hills Chief Operating Officer Mr. Tom Singer who left in November 2006. Mr. Singer was regarded as a potential successor to CEO David Harding but he stepped down after a review of the company's key executive roles found that he was no longer required.

Mr. Harding said, "Having spent seven years helping to build the company into the UK's leading bookmaker, the time is right to move on and I am looking forward to a new challenge".

Harding led the UK gambling giant to flotation on the London Exchange in June of 2002 and stands to gain almost around £7.5 million when he leaves, a figure that would bring his total compensation for the last two years to over £11 million. Since flotation back in 2002, William Hill’s stock price has doubled and Mr. Harding holds £5.5 million worth of stocks.

The Chairman from wiiliam hill, Mr. Charles Scott praised Harding’s contribution and went on to say, "he was leaving the company in good health and the board would continue to work closely with Mr Harding during the transition to a new Chief Executive.

Click here for William Hill Casino
Click here for Casinos