In a widely anticipated decision, Ladbrokes has confirmed that Richard Glynn will be the company’s new Chief Executive.
He replaces Chris Bell, who announced he was to leave the post in January.
Glynn was formerly Chairman and Chief Executive of Sporting Index.
Ladbrokes’ Chairman Peter Erskine said:
“Richard combines entrepreneurial energy with industry experience. His nine years’ experience of the betting and gaming industry combined with his successful transformation of Sporting Index into a leading international and innovative spread betting business makes him ideally suited to lead the reinvigoration of Ladbrokes.”
Glynn’s base salary will by GB£580,000.