Chief Executive leaves Gala Coral


Dominic Harrison departs Gala Coral

The UK online and land gambling group Gala Coral sprang a surprise on the market this week, announcing the unexpected departure of chief executive Dominic Harrison, who was appointed to the post two years ago. He will leave around October 1st.

Harrison's departure comes shortly after the ownership of the group changed. Last month Gala completed a tough restructuring that saw it cut its net debt by GBP700 million and shed its private equity owners in favour of Apollo, Cerberus and Goldman Sachs .

Harrison, whom The Telegraph newspaper reports joined Gala Coral in 2004 and worked for years in the shadow of his predecessor and chairman Neil Goulden, said that he had resigned to “seek new career opportunities”.

Commenting on his departure, the gambling executive said: “After six years with Gala Coral it is time to seek fresh challenges. I wish Neil and the rest of the team all the best as they take the company forward to the next phase in its development and ensure that it remains at the forefront of the sector.”

Market rumour is giving top odds on former Ladbrokes chief Chris Bell as a possible replacement for Harrison, although Goulden has discounted this....sort of.... by saying: “I think that’s unlikely because when he left Ladbrokes he signed non-competes. But never say never.”

In addition to his responsibilities as executive chairman, Goulden will take on the role of interim chief executive until a replacement for Harrison is found.

Goulden said, “Dominic has played a big role in the development of the group over the last six years and we are grateful for his contribution. He leaves with our thanks and best wishes for the future”.

Harrison (47) joined Gala from the Ladbrokes group, and has been a member of the Gala group board since 2005. He is a graduate of Oxford University and a qualified accountant. His early career was spent at KPMG, Diageo and the Bass Group with roles in Strategic Planning,

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

5mins ago someone from Canada played Little Devil

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    23
  • Members Online
    361
  • Guests
    1,865
Highest Community Rated Online Casinos
NextCasino
  (152 Ratings)
Bet365 Games
  (165 Ratings)
Unibet Casino
  (133 Ratings)
CasinoLuck
  (218 Ratings)
Betsson Casino
  (210 Ratings)
Betsafe Casino
  (181 Ratings)
Spin Palace Casino
  (118 Ratings)
Mr Green Casino
  (281 Ratings)
Redbet Casino
  (147 Ratings)
Guts Casino
  (174 Ratings)
Slotty Vegas
  (111 Ratings)
Sin City Casino
  (99 Ratings)
32 Red Casino
  (305 Ratings)
Vera John Casino
  (176 Ratings)
Winner Casino
  (340 Ratings)
Intertops Red Casino
  (121 Ratings)
BETAT Casino
  (191 Ratings)
ComeOn Casino
  (237 Ratings)
Liberty Slots Casino
  (183 Ratings)
Thrills Casino
  (132 Ratings)
Casumo
  (135 Ratings)
24hBet
  (27 Ratings)
Intertops Casino Classic
  (109 Ratings)
Ladbrokes Casino
  (155 Ratings)
Osiris Casino
  (33 Ratings)
Tetraplay Casino
  (27 Ratings)
Royal Vegas Casino
  (132 Ratings)
Jetbull Casino
  (103 Ratings)
Vegas Red Casino
  (190 Ratings)
3Dice Casino
  (250 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus