Online casino and bingo operator Jackpotjoy has announced that Andrew McIver is to step down as its Chief Executive Officer from the end of January after successfully leading the firm’s listing on the London Stock Exchange earlier in the year.
London-based Jackpotjoy is responsible for the Starspins, CostaBingo, Vera&John, InterCasino, Botemania and Jackpotjoy online brands and declared that McIver’s departure is part of its ‘continuing strategy to strengthen the group’s operational focus’ and came after ‘several months of careful consideration’. The firm stated that the move will also help to ensure that it is ‘best placed to maximize future growth prospects through its core business segments’.
As part of McIver’s departure, Jackpotjoy explained that its Chairman, Neil Goulden, is to become Executive Chairman from November 1 and be responsible for ‘leading the development and execution of the company’s long-term strategy’.
Jackpotjoy detailed that the shake-up is additionally set to see Simon Wykes appointed as its Group Managing Director in order to provide ‘additional operational expertise’ to its many brands. A former Chief Executive Officer for Gala Leisure as well as a past Managing Director at Gala Coral Group, the experienced industry professional recently finished working as an external consultant for Ladbrokes Coral and has furthermore served as the Managing Director for Rank Group.
Goulden described Wykes as a ‘highly-experienced executive with an extensive knowledge of the bingo sector and considerable expertise in managing high-volume consumer businesses’ and proclaimed that this understanding is destined to be ‘invaluable in achieving synergies across our main business segments’ while helping to drive ‘the future growth of the group’.
“On behalf of the board, I would also like to thank Andrew for the commitment, leadership and integrity he showed during his tenure, which have seen Jackpotjoy cement itself as the world’s largest online bingo-led company following its successful listing on the London Stock Exchange,” said Goulden. “We wish him well with his future endeavors.”
