William Hill has confirmed the inbound appointment of Eric Hageman as new Group Chief Financial Officer (CFO), effective from 7 June 2021.
Hageman is set to replace outgoing incumbent Matt Ashley, who confirmed his decision to leave the heritage betting group this month, joining corporate IT support services provider Micro Focus Plc as its new financial lead.
An expert in corporate finance, auditing and risk management of publicly listed enterprises, Hageman joins William Hill from IWG Plc, the Zurich-based commercial property group operating the global workplace companies of Regus, Spaces, No18 and Open Office.
Hageman holds further executive experience, having served as CFO of global marketing agency Chime International and Nasdaq telecom infrastructure group Equinix EMEA.
Commenting on the appointment, Ulrik Bengtsson, William Hill CEO said: “We are delighted to welcome Eric to the William Hill team. He brings a wealth of financial and operational experience within digital and technology-driven industries as well as senior management experience.
“I look forward to working with him as we lead William Hill through the next chapter. I also want to thank Matt Ashley for his substantial contribution to William Hill through the challenging period of the global pandemic.”
William Hill’s new CFO appointment comes as the betting group undergoes a transformational period, in which its UK and European business assets will be sold by new owner Caesars Entertainment, having completed its £2.9 billion of the former FTSE betting group in April.