Jackpotjoy bids buh-bye to CEO McIver in management shakeup

UK-listed online gambling operator Jackpotjoy has bid goodbye to CEO Andy McIver following a senior management shakeup.

Jackpotjoy issued a statement on Monday confirming McIver’s exit, saying that the company’s board of directors had determined that “further operational expertise is needed to ensure the company is best placed to maximize future growth prospects through its core business segments.”

Former Gala Coral Group managing director Simon Wykes has been appointed Jackpotjoy’s new group managing director, along with a seat on Jackpotjoy’s board of directors, effective November 1. McIver has agreed to stay on at Jackpotjoy until January 31, 2018 to ensure a smooth transition of responsibility.

Jackpotjoy also announced that current chairman Neil Goulden will be kicked upstairs to an executive chairman role to shepherd the development and execution of the company’s long-term strategy.