Jackpot Joy has announced the departure of their CEO, Andy McIver, along with other board and management changes following the company’s successful listing last year on the London Stock Exchange.
The ‘bingo-led’ operator is headquartered in London, offering both bingo and casino games online. The press release on Monday explained that "further operational expertise is needed to ensure the Company is best placed to maximise future growth prospects through its core business segments".
The current board and management changes will see the current CEO McIver step down on the 31 January. Simon Sykes, an experienced gaming executive, has been promoted to Group Managing Director. Whilst the current Chairman of the Company, Neil Goulden, is set to become Executive Chairman. Both appointments are set to come into effect from November 1st 2017.
Wykes commented: “I am thrilled by this new challenge at Jackpotjoy plc and look forward to bringing my experience from leading digital gaming businesses to the Company as well as significant operational experience to market leading brands.”
Goulden said: “Simon is a highly-experienced executive with an extensive knowledge of the bingo sector and considerable expertise in managing high-volume consumer businesses. His experience in the digitalisation of gaming businesses will be invaluable in achieving synergies across our main business segments and to drive the future growth of the group."
Wykes recently worked as an external consultant for the Ladbrokes Coral merger integration plans, and brings a vast array of experience to his new role. Other previous roles include CEO at Gala Leisure and Managing Director at the Gala Coral Group.
Goulden added: “On behalf of the Board, I would also like to thank Andy for the commitment, leadership and integrity he showed during his tenure, which has seen Jackpotjoy plc cement itself as the world’s largest online bingo-led company following its successful listing on the London Stock Exchange. We wish him well with his future endeavours.”