This comes after he was chosen to be Nueva Codere’s new Non-Executive Chairman, to be replaced in his role at XLMedia by Julie Markey.
Currently a Non-Executive Director, as well as the Chair of XLMedia’s Remuneration Committee, Markey will serve as Interim Chair until a permanent replacement is found.
She has previously worked for British supermarket giants Ocado and Tesco, where she served as Group People Director and Head of Personnel Property respectively.
Prior to 1997, when Markey joined Tesco, she was a Business Support Manager for London-based alcoholic beverage business Diageo.
Bell’s departure, meanwhile, was revealed previously, when he decided to step down to focus on his new appointment at Codere, and he has now formally vacated his position at XLMedia.
When his departure was announced, Bell remarked: “It has been a privilege to chair XLMedia for almost eight years.
“2022 marks the beginning of a leaner group structure set to benefit from significant progress made in rebalancing the group to have a greater focus on regulated high-growth markets like US sports.
“It feels like the right time to step aside and let someone new support the business through its next phase of growth. I wish everyone in the company and its shareholders every success for the future.”
In addition to withdrawing from his position at XLMedia, Bell is also stepping down as a Non-Executive Director and Senior Independent Director of Rank Group.