Alex Gersh, a former executive with two prominent names in the sports betting space, has filled the Chief Financial Officer (CFO) vacancy at Paysafe. The new hire joins the payments platform from Sportradar, where he has served as CFO since July 2020, overseeing a period of strong growth for the Swiss-based sportstech and data firm, as well as its successful …
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Sportradar Group CEO Carsten Koerl will be supported by three regional CEOs in a company reorganisation, effective from 1 January 2021. The new setup, explained Sportradar, provides it with more flexibility to support future growth, while enabling the business to operate in closer proximity to its end markets. The three new regional CEOs will be Arne Rees (North America), Werner …
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Sportradar has this morning confirmed the appointment of Alex Gersh as new Group Chief Financial Officer (CFO) effective immediately. A sports betting figurehead, Gersh is recognised as a leading financial strategist for mass-market digital enterprises, having formerly served as Group CFO of Paddy Power Betfair Plc. Of distinction, alongside former CEO Breon Corcoran Gersh led the corporate turnaround of Betfair …
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The Sunday Times has this weekend reported that Paddy Power Betfair Chief Financial Officer Alex Gersh has signalled his intention to depart the FTSE100 betting group’s executive leadership team. The governance of Paddy Power Betfair is reported to have begun its executive search for Gersh’s replacement as group financial leader. Gersh will maintain the executive role with until his replacement …
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Having secured a listing day share price of £105 on the London Stock Exchange, newly merged betting enterprise ‘Paddy Power Betfair’ confirmed its new governance team, which will lead the company post-merger integration. ‘Paddy Power Betfair’ will be led by former Betfair CEO Breon Corcoran, who will serve under the Chairmanship of Gary McGann (former CEO of Smurfit Kappa Group). …
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Issuing an investor update this morning, Betfair and Paddy Power governances have confirmed that terms and conditions of their proposed £5 billion merger have been agreed on. The announcement sees Paddy Power agreeing to acquire Betfair assets at a value of £2.86 billion ($3.2 billion). Once completed the planned merger will result in Paddy Power shareholders owning 52% of the …
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Ahead of the release of Betfair’s Full Year 2015 financial performance results this Wednesday, Betfair CFO Alex Gersh gave in-depth insight to financial auditing business publication Financial Director on the operator’s turnaround since its 2012 corporate restructure. Gersh detailed to Financial Director how Betfair’s newly established executive team under CEO Breon Corcoran had transformed Betfair from its post 2011 IPO …
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