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Pettit to leave director’s post

19 May 2015

LADBROKES group commercial director John Pettit is to leave the company this summer after three and a half years in the latest shake-up in personnel at the firm. Pettit has agreed to stay with Ladbrokes until July to ensure a smooth hand over of his responsibilities before entering a period of gardening leave. 

A statement released by Ladbrokes yesterday said Pettit planned to pursue other challenges in the betting and gaming sector. The firm said Pettit’s key achievements included making Ladbrokes a market leader in gaming machines while he pioneered their strategy in relation to self-service betting terminals. 

He also played a leading role in the negotiations that led to the agreement with online gaming and betting technology provider Playtech in April 2013. Pettit said yesterday: “I’m pleased to have played a key role in putting the business on a positive footing for the future in areas such as machines and SSBTs as well as digital product. “I’m looking forward to a short break before seeking a new challenge in the betting and gaming sector.” 

Ladbrokes announced recently they were hunting for a new chairman following Peter Erskine’s decision to stand down. Chief executive Jim Mullen said of Pettit’s contribution: “John has helped Ladbrokes deliver impressive machine growth in recent years – outperforming rivals in the sector. “He has also led key commercial partnerships across retail and digital, playing a major role in putting Ladbrokes back on a growth path. We wish him well for the future.”

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