More top execs leaving 888.com

News on 5 May 2011

Within weeks of the announcement that 888.com chief executive Gigi Levy has resigned, the online gambling group has been shaken by the news that two more senior managers are on the way out.
A senior director of the group, Brian Mattingley, addressed company staff this week to advise them of the impending departure of Dragonfish chief David Zerah and the low profile but respected Adi Soffer-Te’eni, managing director of the group’s b2c operations.
No reason was given for the resignations, other than the anodyne corporate-speak explanation that the duo had decided to “seek other business opportunities.”
Dragonfish will be particularly hard-hit by Zerah’s departure; reportedly a very competent executive, he only took up his appointment seven months ago, replacing Gabi Campos Woslavsky, who left to join PokerStars as CEO.
Mattingley told staff that Yaniv Schwartz will replace Zerah with the status of senior vice president.
The departures have reportedly triggered a slew of downstream management changes.
Earlier this year Ladbrokes broke off acquisition talks with 888 management after failing to reach an agreed consideration.

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