24 July 2020
GVC Holdings PLC
("GVC" or the "Group")
Senior Leadership Update
GVC Holdings PLC (LSE: GVC), the global sports-betting and gaming group, is pleased to announce the appointment of Sandeep Tiku as Chief Operating Officer (COO), effective immediately.
Sandeep joined GVC as IT Director in 2014 and became the Group’s Chief Technology Officer (CTO) in 2016. Prior to this, Sandeep spent fourteen years at Valtech, a global digital agency focused on business transformation, where he was a global SMAC (Social, Mobile, Analytics and Cloud) practice head working for large enterprises in e-commerce and the digital and mobile spaces.
Whilst at GVC, Sandeep has led a number of significant technology and platform transformation programs involving technological revolution, people re-skilling and innovation, culminating in the completion of GVC’s industry-leading proprietary gaming platform. Sandeep’s work has ably supported multiple acquisitions of global gambling companies and the successful integration of these businesses thereafter. Sandeep was pivotal in the technical migration of Ladbrokes Coral onto the Group’s proprietary technology platform. The Ladbrokes Coral migration was the largest that GVC has completed and represented one of the final parts of what was the most complex integration process in the gambling industry to-date.
A search is currently underway for Sandeep’s replacement as CTO.
GVC has also promoted Marc Lange to the position of Chief of Staff to the CEO. Marc has over twenty years’ experience in technology, strategy, management and consulting. He previously served as the Group’s integration director since February 2018 following the acquisition of Ladbrokes Coral. Marc joined the Group in 2012.
Andy Hicks, GVC’s managing director of retail, has been promoted to the GVC senior leadership team and will also report directly to the CEO. Andy has over twenty years’ experience in retail, having held senior positions at Dixons and Woolworths before joining Coral in 2009.
Shay Segev, Chief Executive Officer, commented:
“I am delighted to be promoting GVC talent. Sandeep brings unparalleled experience and insight to the role of COO. We are first and foremost a technology business and this is at the heart of what we do – supporting customer services, trading, product and our people. It therefore makes sense for him to take on this broader role. His leadership of our technology strategy and teams, combined with his knowledge of our legacy stack and proven results through our integrations, means that he is the right person for the job.
I’d also like to congratulate Marc and Andy who both are operational experts with proven track records of delivering large-scale change initiatives. Their progression to the senior leadership team is richly deserved.”
GVC Holdings plc
Tel: +44 (0) 203 938 0000
Tel: +44 (0) 20 7250 1446
About GVC Holdings PLC:
GVC Holdings PLC (LSE:GVC) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.
For more information see the Group's website: www.gvc-plc.com