William Hill Boss Stands Down Early
25th September, 2007
William Hill boss David Harding has announced that he will step down at the end of the week, three months earlier than planned. He has been at the post for seven years, and previously announced that he would leave at the end of the year. With no new chief executive lined up, chairman Charles Scott will take on an executive role.
This news led to a share price drop 7.5p down to 640.5p. Mr Harding said he made the decision in search of a new challenge, and to spend more time with his two-year-old son. He turned William Hill into Britain’s biggest bookmaker in 2005 with the acquisition of rival chain Stanley Leisure for £505m.
