OpenBet appoints Thompson-Hill as new CEO
Former COO replaced David Loveday who left earlier this month after 11 years in charge.
Sports betting platform and gaming software provider OpenBet has promoted its COO Jeremy Thompson-Hill to the role of chief executive, as a replacement for David Loveday who left the business after 11 years’ service earlier this month.
eGaming Review exclusively revealed Loveday’s departure after its board, which includes representatives from private equity owners Virtuvian Partners, decided the business needed a senior executive with a “different skillset in order to take it to the next stage”, according to a spokesman.
Thompson-Hill joined OpenBet in 1999 in a sales and operational capacity before being promoted to COO in 2008. He has been responsible for sales, OpenBet Sportsbook and Casino operations and product R&D, and has been “instrumental” in the expansion of OpenBet’s global operation adding offices in Europe, Australia and North America, the company said in a statement.
The new CEO commented on his appointment: “At this important juncture for the business and in an ever-changing world of online gaming, I look forward to driving the company forward together with my management team and will focus on what we do best “ developing industry leading technology that delivers innovative solutions for our customers on every level.”
Ian Riley, a managing partner of Vitruvian “ which acquired a majority share of the business for £208m in January 2011 “ and chairman of OpenBet, added: “With Jeremy’s knowledge and track record in the business, he is ideally suited to the position. OpenBet is well placed to continue to prosper and take on the exciting new opportunities that lie ahead both here in the domestic market and overseas.”