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EXECUTIVE CHANGES: 888 hires former Bleacher Report CEO to be US chief

Tue, 19th Apr 2022 14:24

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

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888 Holdings PLC - Gibraltar-based betting and gaming operator - Hires Howard Mittman to be president of 888 US. Mittman will run 888's US operations, including its partnership for SI Sportsbook with Authentic Brands Group, the owner of the Sports Illustrated brand. He most recently was chief executive officer of Bleacher Report Inc, a sports news website, and previously was chief business officer of Vogue magazine publisher Conde Nast.

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Resolute Mining Ltd - Perth-based gold miner in Africa - Promotes Chief Operating Officer Terry Holohan to CEO, as Stuart Gale departs "to pursue an opportunity in the Australia-focussed resources sector". Holohan has been COO since May of last year and has 40 years of mining experience, Resolute says, including 30 years in Africa.

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Chill Brands Group PLC - Grand Junction, Colorado-based cannabidiol products - Promotes International Brand Director Callum Sommerton to CEO and board director. Sommerton is a legal professional with brand protection and regulatory experience who joined Chill Brands last year. Co-CEOs Antonio Russo and Trevor Taylor will move to chief commercial officer and chief operating officer, respectively, while remaining executive directors. Michael Sandore, the previous chief commercial officer, is leaving the company immediately. Shares in Chill Brands dropped by almost a third early last month after it said it will miss revenue targets, due to supply chain delays. The stock is up 17% on Tuesday, though remains down 68% so far in 2022.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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20 Oct 2023 17:13

IN BRIEF: 888 CEO Per Widerstrom buys GB950,000 in shares

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18 Oct 2023 09:38

888 Holdings revenue down, new CEO notes clear room for improvement

(Alliance News) - 888 Holdings PLC on Wednesday said revenue decreased 10% in its latest quarter despite continued strong customer engagement and underlying trading.

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888 Q3 revenues slump amid regulatory changes

(Sharecast News) - William Hill and Mr Green owner 888 posted a slump in third-quarter revenues on Wednesday as it took a hit from new gambling regulations and customer-friendly results.

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16 Oct 2023 08:38

IN BRIEF: 888 confirms Per Widerstrom starts as new chief executive

888 Holdings PLC - Gibraltar-based betting operator, which owns the William Hill and Mr Green brands - Confirms Per Widerstrom has taken up his role as chief executive officer, as planned. 888 says Jonathan Mendelsohn has returned to his position as non-executive chair, having acted as executive chair since January 30. Widerstrom was most recently CEO of Fortuna Entertainment Group, a betting and gaming firm in central and eastern Europe.

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(Alliance News) - The FTSE 100 is likely to open higher on Monday, benefitting from higher oil and gas prices, while fears of escalating regional conflict in the Middle East damp risk sentiment elsewhere.

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12 Oct 2023 10:13

Entain and 888 worth a buy after recent falls, says JP Morgan

(Sharecast News) - JP Morgan has reiterated its 'overweight' ratings on UK-listed gambling stocks Entain and 888, saying that gaming remains its preferred sub-sector within the leisure industry right now.

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4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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3 Oct 2023 09:35

LONDON BROKER RATINGS: UBS cuts Burberry; JPMorgan likes EnQuest

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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LONDON BROKER RATINGS: Morgan Stanley cuts NatWest; PageGroup raised

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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28 Sep 2023 16:12

London close: Stocks mixed as interest rate concerns simmer

(Sharecast News) - London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.

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28 Sep 2023 10:15

TOP NEWS: William Hill owner 888 slumps on earnings warning

(Alliance News) - 888 Holdings PLC shares dropped on Thursday, after it announced that its performance so far in 2023 has been "mixed" and warned of a hit to its earnings.

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LONDON MARKET OPEN: Stocks red; elevated oil prices bolster rate fears

(Alliance News) - Stock prices in London opened lower on Thursday as worries around the ailing Chinese property sector and the growing likelihood of interest rates remaining higher for longer weighed on market mood for yet another day.

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28 Sep 2023 07:43

LONDON BRIEFING: William Hill-owner 888 expects drop in annual revenue

(Alliance News) - Stocks in London were called flat on Thursday as markets grappled with a deepening property crisis in China and the prospect of interest rates staying higher for longer.

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28 Sep 2023 07:22

888 Holdings trims full-year guidance after weaker third quarter

(Sharecast News) - William Hill owner 888 Holdings lowered its earnings guidance for the full financial year on Thursday after a weaker-than-expected third quarter.

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25 Sep 2023 17:04

LONDON MARKET CLOSE: FTSE 100 down amid China worries

(Alliance News) - Stock prices in London closed lower on Monday, with China-exposed stocks dragging down the FTSE 100 index amid fears that its property sector is "going from bad to worse."

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