Tag Archives: Peter Jackson

Adverse conditions see Paddy Power Betfair report tough opening to 2018

Publishing its Q1 trading update (period ending 31 March), FTSE100 betting group Paddy Power Betfair (PPB) has reported a tough opening for 2018, as the firm’s corporate performance was impacted by several factors. Updating the market, PPB reports a 2% decline in group revenues to £408 million (Q1 2017: £416 million). The betting group detailed that its punters had been …

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Paddy Power Betfair hires Jonathan Hill as new Group CFO

FTSE100 betting group Paddy Power Betfair Plc (PPB) has confirmed the appointment of Jonathan Hill as Group Chief Financial Officer (CFO). Hill the current CFO of senior citizens’ financial services firm Saga Plc, is set to join PPB’s corporate leadership team this autumn, replacing long-term group finance lead Alex Gersh who this March confirmed his departure from PPB’s executive team. …

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Peter Jackson – ‘Paddy Power will return to growth’

Presenting his first trading updating as Paddy Power Betfair (PPB) Group Chief Executive Peter Jackson has prioritised ‘returning growth to Paddy Power operations’. Updating investors on a successful full-year 2017 performance, in which PPB outperformed its market expectations, Jackson sets a high bar for PPB executives in 2018. Jackson praised PPB development teams for delivering the group’s combined platform system …

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Paddy Power Betfair out guns 2017 expectations

Publishing its preliminary full-year 2017 results, FTSE100 betting group Paddy Power Betfair Plc (PPB) reports strong growth across its core metrics and KPIs, as the company delivers on key merger projects and initiatives. Completing year 2 as an enlarged enterprise, PPB reports a 13% increase in group revenues to £1.7 billion (FY 2016: £1.5 billion), driven by a 16% growth …

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Paddy Power Betfair seeks new CFO as Alex Gersh calls time as group financial lead

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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Peter Jackson casts Flanagan & Hartnett as lead roles for Paddy Power Betfair strategy & development

Peter Jackson the new Group CEO of Paddy Power Betfair Plc (PPB), continues the strategic realignment of the FTSE100 bookmaker’s executive leadership team. Jackson’s latest movements, see him promote Aine Flanagan to Group Chief Strategy Officer (CSO), having previously served as Managing Director of UK & Ireland for PPB. Flanagan is a seasoned eCommerce and digital operations strategist, who will take …

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Peter Jackson makes first moves as Paddy Power Betfair CEO

Having taken over the official leadership duties of Paddy Power Betfair (PPB) this week, new Chief Executive Peter Jackson has announced two major executive appointments for the FTSE100 bookmaker. Issuing a short statement, PPB governance confirmed the promotion of Dan Taylor to the newly created role of Chief Executive of Europe. A Paddy Power executive since 2015, Taylor has previously …

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Scott Longley: Jackson sizes up online hole at Paddy Power Betfair

Jackson PPB

The good news for Paddy Power Betfair is that the company now has certainty over the succession to outgoing chief executive Breon Corcoran, writes Scott Longley, with ex-WorldPay executive Peter Jackson to be officially anointed in early January. However, the slightly less good news is that he has a lengthy order of business to address if he is to achieve the grand hopes …

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Paddy Power Betfair – Breon Corcoran leaves ‘fine-tuned machine’ for Peter Jackson

Taking on his last investor conference call as Paddy Power Betfair CEO, outgoing leader Breon Corcoran details that PPB’s executive team has achieved its enterprise year 2 ambition of securing ‘structural advantages’ within the firm’s enlarged operations. Closing a solid Q3 performance, in which PPB governance ups its 2017 year-end guidance to an EBITDA range of £450-465 million. Corcoran details …

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Group Strength…Paddy Power Betfair delivers solid Q3 2017, upping its full-year guidance

FTSE100 betting group Paddy Power Betfair Plc (PPB) has delivered a positive Q3 2017 trading update (period ending 30 September), prompting the group to lift its full-year earnings expectations as the company undertakes a leadership transition. A strong period sports betting performance for PPB’s online and retail divisions saw the firm record a 9% increase in group revenues of £440 …

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