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William Hill CEO David Harding to step down

The chief of the biggest British bookmaker, William Hill, is set to leave the company at the end of the year.

William Hill CEO David Harding to step down After seven years as the leader of the U.K. bookmaker, David Harding is stepping down at the end of 2007. Spending more time with his son was the reason Harding gave for leaving the company. A new career challenge is also part of the future the CEO paints for himself.

 "I'm 51, and I've had a number of appealing offers, so the question has been whether to finish my career as a bookmaker or try one more thing," Harding said on Monday, after announcing his decision to the public.

 David Harding has a 2-year old son from his current life partner Karin and fatherhood caught up to the general of the oddsmaker. Harding divorced his wife of 20 years in 2004, selling his stocks of William Hill to fund the costly divorce and sending the bookmaker's stock tumbling down on the Exchange. But Harding also turned William Hill into Britain's largest bookmaker the following year, acquiring Stanley Leisure for over half a billion pounds.

Published on 06/25/2007

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