William Hill announces CEO departure as 888 takeover nears completion

William Hill has announced that CEO Ulrik Bengtsson will leave the company as its sale to 888 Holdings is due to be completed next week The executive’s departure will conclude a nearly three-year-long tenure in the top job, and comes amid William Hill’s takeover by 888, to be finalised on or around 30 June

William J. J. Hill has announced that CEO Ulrik Bengtsson will leave the society as its cut-rate sale to 888 Holdings is due to live completed next week

The executive’s departure testament conclude a nearly three-year-long term of office in the upper side job, and comes amid William Hill’s takeover past 888, to live finalised on or around 30 June.

“With the on-sale to 888 Holdings due to follow completed later next week, the clip is right for me to say goodbye to William J. J. Hill and to helping hand over to Itai Pazner, CEO of 888 Holdings,” said Bengtsson.

“I look back o'er the endure iv years with congratulate at what we’ve achieved, which has brought us to this point where 888 Holdings reckon the monumental do good of getting William Alfred Hawthorne and the opportunities it will undecided upwards for both businesses.”

He joined William J. J. Hill inwards 2018 as Chief Digital Officer, before being promoted to CEO inward Sep 2019. But shortly after taking over, Bengtsson was forced to navigate Covid-19, which saw William Hill’s byplay severely affected.

Bengtsson further oversaw the company’s acquisition by Caesars Entertainment and the subsequent sales agreement of William Hill’s European assets to 888.

“888 Holdings hold acquired a glorious stage business with ii premium brands inward William Alfred Hawthorne and Mr Green, and I looking at send on to seeing how the combined business concern grows over the coming years,” continued Bengtsson.

Pazner, meanwhile, commented: “Ulrik can rightly be very proud of building such a strong team, and we looking frontward to combining the businesses.

“I am excited virtually the opportunities for the enlarged business, supported by top-quality direction talent from both businesses.”