CEO Leaves Online Casino Giant

David Harding, William Hill’s CEO and one of the most respected people at the worldwide online casino industry, has recently announced that he will be leaving the company at the end of this year, after seven years of hard work at this successful online gambling site. According to sources at the London Stock Exchange, Harding’s decision came after he decided to seek new challenges, not necessarily at this same industry. Harding’s retirement follows yet another departure, as Tom Singer, Will Hill’s Chief Operating Officer will be leaving the company too. Singer was previously regarded as Harding’s possible successor, but that will obviously not happen now.

“Having spent seven years helping to build this company and transforming it into a leading online casino, I think that now is the time to move on and looks for new challenges” said Harding. One thing for sure, Harding won’t be needing any more money for the near future, as he currently holds $10.7 million worth of the company’s stock options, which have doubled since June 2002. In total, Harding’s compensation for the last two years will stand at almost $20 million – not bad at all

While Charles Scott, Will Hill’s Chairman, still hasn’t revealed who will replace Harding as the new Chief Executive Officer, he has already stated that Harding is leaving the company in good health and that he will continue to help through to transition period. Many companies in the past went through similar processes and managed to keep up the profits coming, something that will almost certainly happen at this case too. Nevertheless, Harding’s departure will surely leave a big hole at this giant online casino company

Related Headlines:

12 Mar 2008	Interesting Facts Revealed in Online Roulette Survey Online roulette is a highly popular game, yet the playing preferences of the audiences of this game are constantly changing. Red Lounge Casino has therefore conducted a survey amongst its players to find out exactly where such preferences lie these days, and what is most enjoyed in online roulette games.
1 Aug 2007	Online Casino Guide Gets A New Look
6 Aug 2007	Want To Win At The Online Casino ? Read This!
3 Jul 2007	Online Gambling Site Seeks New Customers At The Football Field
1 Jun 2008	Online Casino Users Find Common Social Ground on Facebook

CEO Leaves Online Casino Giant

Related Headlines:

Top Online Casinos

online casino in other languages:

Casino Support

Casino Games

Casino Payments

Casino News