Ladbrokes appoints digital chief Jim Mullen as new chief executive
Ladbrokes has appointed a new chief executive in the shape of its current online chief Jim Mullen, who will take over from incumbent Richard Glynn on 1 April.
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Prior to working at Ladbrokes, Mullen was chief operating offer of online operations at William Hill.
Ladbrokes chairman Peter Erskine said: “We wanted a combination of industry experience with strong digital skills, a proven record of operational delivery and the leadership ability to capitalise on the opportunities for growth that are now ahead of us.
"Since Jim's arrival in the business, less than 18 months ago, he has helped transform our digital operations. The board is confident that Jim can use the leadership qualities he has displayed in the digital team to take forward the wider Ladbrokes' business.
“Ladbrokes has gone through extensive change and Jim's task will be to build on the strong foundations laid and make us compete even more effectively, deliver a robust growing business and build scale."
Mullen added: "The business has undergone rapid change and we have laid good foundations from which to grow but there remains much to do."
The company revealed that Mullen’s salary as chief executive would be £500,000 a year.