Jonathan Hill who is the existing Chief Financial Officer (CFO) for insurance and tourism group Saga plc, has been appointed as the new CFO for Paddy Power Betfair plc. He is to begin his duties from the Dublin, Ireland-headquartered bookmaking business. Alex Gersh who is the current CFO said that he will be on the post until the new successor is appointed. He will be with the company until Hill joins the business in autumn.
Jonathan Hill – The New CFO
Jonathan Hill has been the CFO for Sage since 2015. He served the company as the finance director at British Housebuilding Company Bovis Homes before. He also detained senior finance roles at British leisure travel group TUI Travel and UK international utility business Centrica. Hills is a qualified Chartered Accountant with what we now know as Price Warehouse.
Paddy Power Betfair Going Forward
Peter Jackson is happy to welcome Hill as Paddy Power Betfair’s Chief Executive Officer. He also went on to say that Jonathan will bring an extensive strategic and operational finance skills in consumer businesses. Hill will make a great influence on Paddy Power Betfair’s future accomplishments.
Hill is also happy to be joining the team and to be working with big brands. Brands on a significant international scale, and distinguished products. He went on to say that ‘’ there are a lot of opportunities that will drive the shareholder value, and he looks forward to being a member of the group’’.
The online and retail sports betting gaming operator had appointed its new CEO’s. This is for its Europe business and Sportsbet in January. We all look forward to this new venture that Jonathan Hill and Paddy Power Betfair are taking. Surely it is going a great business with great success.