Paddy Power Betfair plc today announces that Chief Operating Officer, Andy McCue, will leave the Paddy Power Betfair Group and will cease to be a Director on April 30, 2016.
The announcement on the management change follows the completion of the merger of Paddy Power and Betfair in February this year. Mr McCue was CEO of Paddy Power plc from January 2015 up until the completion of the merger, having joined the business in 2006.
Breon Corcoran, CEO of Paddy Power Betfair, said:
“Andy has played a pivotal and hugely constructive role in the successful merger, for which I am very grateful. As CEO of Paddy Power, he led the business strongly, embedding a new growth strategy which delivered record revenues and profits. His contribution to Paddy Power in a variety of roles, but particularly as CEO, was immense. I wish him every success in his future career.”
Andy McCue said:
“I leave Paddy Power Betfair following the completion of the merger and in the knowledge that this combination will be greater than the sum of its parts. I have thoroughly enjoyed leading and working closely with a great team of people who have created a dynamic and successful business. I feel now is the right time to pursue new opportunities and, in doing so, wish everyone in Paddy Power Betfair the very best for the future.”
You can view the full announcement from Paddy Power Betfair by clicking here.