Eric Hageman Confirmed As New William Hill CFO
As the world of online gambling continues to reach new heights seemingly month after month, companies across the world are making adjustments to what is still a relatively new state of play.
Indeed, the shifting landscape of the gambling world means many of the biggest brands in the business need to regularly reshuffle in order to keep pace with competition. In recent times, William Hill have announced a change in one of their key roles with Eric Hageman set to take over the mantle of Chief Financial Officer (CFO). The move will see Hageman replace Matt Ashley in the role, who is set to leave the company.
According to James King from www.casinosites.org: “Since the completion of the takeover of William Hill for £2.9 billion back in April, we have seen new owners Caesars Entertainment make some wholesale changes.”
“Whether or not the appointment of Hageman came from the very top is not known, though it does seem as though the upcoming selling of William Hill’s business assets may be a serious factor.”
Certainly, the news is causing quite a stir throughout the wider igaming industry, with many of William Hill’s key rivals – including Bet365, Ladbrokes and Coral – thinking about why the company has decided to appoint a new CFO at this particular time.
Who is Eric Hageman?
According to William Hill, Hageman “joined William Hill from IWG, a holding group for different flexible workspace companies and is listed on the London Stock Exchange (LSE: IWG).”
“He held various positions in the telecommunications industry including eight years at KPN in various roles including CFO and CEO of KPN Belgium. Eric was also CFO at the Telecity Group PLC.”
CEO of William Hill, Ulrik Bengtsson, added: “We are delighted to welcome Eric to the William Hill team. He brings a wealth of financial and operational experience within digital and technology driven industries as well as senior management experience.”
“I look forward to working with him as we lead William Hill through the next chapter. I also want to thank Matt Ashley for his substantial contribution to William Hill through the challenging period of the global pandemic. It is an exciting time to join William Hill and I look forward to working with the William Hill team and its shareholder Caesars on the next chapter.”
Certainly, the appointment of Hageman looks set to usher in a new period for what is a household name in the world of UK betting companies, with the new direction taken by new owners Caesars Entertainment set to shift the position of William Hill in the long term future of igaming.
Only time will tell whether the company is able to maintain its footing as one of the leaders in the igaming sector with Hageman on board and with a new direction being taken by the company’s American owners.
