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Andy McCue Foliage COO Blog Post at Paddy Energy Betfair

Playing driver Paddy energy Betfair affirmed the departure of former Paddy Power CEO Andy McCue from his role of Chief Operating Officer at the newly merged gambling company today. Mr. McCue will step down from his post on 30 april.

The state joined up with Paddy electricity in 2006. He had been designated as Chief Executive regarding the biggest playing agent in January 2015, thriving a long-time CEO Patrick Kennedy.

It was shortly after their session when Paddy electricity revealed that it regarded as the alternative to merge its businesses with fellow gaming company Betfair. The £6-billion deal was affirmed during summer of 2015 and got closed before in 2010. Hence, among the many world’s gambling operators that are biggest was created. Located in Dublin, the lately merged entity is expected to annually generate £1.1 billion in income and £50 million in pre-tax cost savings. Previous Betfair President Breon Corcoran took the reigns from the enlarged people, once the merger was completed.

Most discover Mr. McCue’s departure from Paddy energy Betfair quite a move that is surprising it had been thought that the official may sooner or later succeed Mr. Corcoran as contribute regarding the recently combined gaming team.

On the current statement, Paddy Power Betfair’s President said that Mr. McCue provides starred an exceptionally essential character during the materialization of this merger program as well as its winning achievement. Continue reading »