Ex-Betfair CFO Morana joins GVC board
Stephen Morana named as non exec of the new GVC-bwin.party entity which began trading on the LSE this morning
GVC Holdings has named two independent non-executive directors, including former Betfair CFO Stephen Morana, as the company began trading on the London Stock Exchange this morning.
The operator, which commenced its listing at 8am following its merger with bwin.party, has appointed the former Betfair veteran and current CFO of British property website Zoopla to the board of the new combined entity.
Morana spent more than a decade at Betfair and also served as its interim CEO prior to current boss Breon Corcoran joining in 2012.
Peter Isola has also joined GVC as a non-executive director, adding to his current directorships at a number of Gibraltar-based companies including Gibraltar International Bank, Hercules Fund and Callaghan Insurance Brokers.
“The GVC team is delighted to welcome non-executives of Stephen and Peter’s calibre to the GVC Board for the start of what will be an exciting new chapter for the company,” Kenny Alexander, chief executive of GVC Holdings, said.
“In these two individuals we have added deeper expertise in online gaming and regulation, two areas which will be central to our continued success as a company,” Alexander added.
GVC Holdings, which completed its ?1.1bn takeover of bwin.party yesterday, has recently added a number of senior hires to its ranks including Shay Segevas chief operating officer and Nick Batram as head of investor relations and corporate strategy.