Tag Archives: Ian Bull

Ladbrokes leadership has been dealt a blow by shareholders regarding executive pay at its Annual General Meeting held on Thursday, where 42% of votes were cast against the operator’s remuneration report. The report detailed that Ladbrokes CEO Jim Mullen had been paid £567,000 for his first nine month’s leading the operator. Mullen’s predecessor Richard Glynn earned £730,000 in 2014, combined …

Following Ian Bull’s departure it has been announced that Richard Snow will take over as acting Chief Financial Officer at Ladbrokes from the end of February. Back in September the bookmaker announced that Ian Bull would be stepping down ahead of the planned merger between Ladbrokes and Gala Coral. Snow will take on the role on a temporary basis until the …

Ladbrokes has completed its balance sheet refinancing to extend its existing bank facilities, which together with the completion of the £100m retail bond offer, results in an extension of debt maturity on attractive terms as well as diversifying its sources of finance. The re-financing follows from the launch on 27 May of a £100m 5.125% sterling retail bond with 8.25 …