Kenny steps down from Paddy Power Betfair board

Paddy Power Betfair plc has announced the resignation from the board of non-executive director Stewart Kenny.

Kenny co-founded Paddy Power in 1988 and was group CEO until 2002 when he retired from his executive role. He was chairman from 2002 to 2003 and has remained on the board as a Non-Executive Director for the past 13 years.

Gary McGann, chairman of Paddy Power Betfair said in a statement Wednesday:

“After 40 years in bookmaking and 28 years’ involvement with this business, Stewart has an enviable record in the industry and leaves a great legacy. He was instrumental in creating a highly successful international business from a small domestically-focussed retail operation at inception.

“Stewart, more than anyone, positively influenced the culture of the business. He played a hugely supportive role in the merger of Paddy Power with Betfair. He is retiring after many years of enormous service to the company and the industry. We wish him every success in the future and thank him for his incredible contribution to this business.”

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