GVC appoints Dean Shannon as Australia CEO

The governance of FTSE250 GVC Holdings Plc has this morning confirmed the appointment of Dean Shannon as inbound Chief Executive of its Australian division.

Shannon will succeed Jason Scott as leader of GVC’s Australian business unit, overseeing the corporate development of ‘Ladbrokes Australia’ and ‘Neds’ brands.

Prior to the appointment, Shannon has maintained a close relationship with GVC, serving as an Australian market advisor to the FTSE betting group, who in November 2018 acquired the executive’s Neds International sportsbook for £38 million.

Updating investors, GVC Group CEO Kenneth Alexander, underlined the importance of Shannon leading ‘a core market division’, which during H1 2019 trading reported a proforma NGR growth of 28%.

Backing the appointment, GVC CEO Kenneth Alexander said “We are delighted to announce Dean’s appointment. He is a highly dynamic, experienced leader with the entrepreneurial skills that will drive our Australian business to even greater success in the future. I’d also like to put on record my thanks to Jason Scott for the job he has done in establishing the Group as a market leader in Australia”

Dean Shannon, incoming CEO of Ladbrokes Australia said: “I am truly excited to be leading GVC’s Australian businesses. I believe that in Ladbrokes and Neds we have two of the leading brands in the market, and backed by our proprietary technology and highly talented team, we are very well placed for growth.”