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.
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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