Paddy's head of ops leaves
Paddy Power head of operations William Reeve departs Irish operator for "new venture"
Paddy Power’s head of operations William Reeve has left the Irish operator after spending just over a year at the firm.
Reeve, who co-founded video rental and streaming company LOVEFiLM, took up the newly created role on 5 September 2012 after previously holding the role of non-executive director at the operator. His duties as head of operations included overseeing technology, risk and trading, HR and corporate strategy.
Speaking with eGaming Review this morning, Paddy Power’s PR manager Feilim Mac An Iomaire confirmed Reeve will be leaving the operator at the end of the month as he was “looking for a new venture.”
Paddy Power has yet to hire a replacement and it is believed Reeve will be moving to a new role outside of the gambling sector.
In addition to founding LOVEFiLM, Reeve was previously chief technology officer at lastminute.com and remains a non-executive chairman of food delivery business graze.com.
In a separate move the Irish operator has also appointed a new PR adviser RLM Finsbury, led by James Murgatroyd, to manage the firm’s financial PR, corporate communications and public affairs.
Catherine Colloms, who was appointed director of corporate affairs in December last year, told PRWeek the move was part of operator’s new approach to corporate communications.
“We believe the most effective way to deliver effective corporate comms is to combine PA, financial and corporate in one place and so we are structuring ourselves “ and new agency support “ accordingly,” she said.
The news follows the release of Paddy Power’s financial results for the first half of the year which showed a 19% rise in online profit, with mobile performing particularly strong after a 100% rise in revenues.