Paddy Power boss McCue to leave firm following merger with Betfair
Published 23/03/2016 | 07:14
Former Paddy Power chief executive, Andy McCue, is to leave the newly formed Paddy Power Betfair at the end of April.
Mr McCue became chief operating officer of the recently merged betting giant.
Paddy Power Betfair chief executive Breon Corcoran said Mr McCue played a "hugely constructive role" in the merger between the two firms, which was completed in February.
"As CEO of Paddy Power, he led the business strongly, embedding a new growth strategy which delivered record revenues and profits. His contribution to Paddy Power in a variety of roles, but particularly as CEO, was immense. I wish him every success in his future career."
Mr McCue, who spent almost ten years at Paddy Power, said the combination of Paddy Power and Betfair will be "greater than the sum of its parts".
"I have thoroughly enjoyed leading and working closely with a great team of people who have created a dynamic and successful business. I feel now is the right time to pursue new opportunities and, in doing so, wish everyone in Paddy Power Betfair the very best for the future," he said.