888 bosses step down

Richard Kilsby and Brian Mattingley are stepping down from 888.

Two prominent figures in the betting firm 888 have stepped down from their roles.

Richard Kilsby will be retiring, while Brian Mattingley is to become executive chairman of the Board.

Kilsby has been with 888 for nine years and will retire as non-executive chairman of the Board following the company’s 2015 Annual General Meeting. Mattingley will be stepping down as chief executive, and will be appointed as executive chairman of the Board.

On January 1, 2015, chief operating officer Itai Frieberger and chief financial officer Aviad Kobrine will become directors of 888.  Frieberger will continue to look after the group’s day-to-day operations.

The chairman of 888’s nominations committee, Amos Pickel, said: “Itai has spearheaded the re-focusing of 888 over recent years and, together with Aviad and Brian as Executive Chairman, we feel confident that we have an industry-leading team to continue 888’s growth and development in the years to come.”

Regarding the retirement of Richard Kilsby, Mattingley said: “The Board would like to thank Richard for the outstanding leadership shown during his nine-year tenure. Richard has announced his retirement at a time when 888 has delivered another record-breaking set of results, driven by the continued strength of our core products and markets underpinned by our best-in-class technology, analytical capabilities and innovative marketing, as well as the efforts of our exceptional team.”