TOP FINANCIAL CHANGES AT PLAYTECH
24 October 2008
CFO resigns but will stay on to ensure a smooth
transfer of responsibility
Online gambling software provider Playtech, already
in the headlines with its major games and software deal
with William Hill plc (see previous InfoPowa reports)
has announced the imminent departure of its Chief
Financial Officer, Guy Emodi, ” to pursue other business
interests”. Emodi had been with the company for only a
year.
His responsibilities will be taken over pro tem by
former CFO and executive director Moshe (Shuki) Barak
(39) although Emodi will stay on for long enough to
ensure a smooth handover. Playtech has started a process
to recruit a new permanent CFO.
Barak joined Playtech as CFO in February 2006 and in
October 2007 stepped down from his position as CFO, yet
continued to be a director on the board. Before joining
Playtech, he was financial controller of ImageSat
International N. V. a leading provider of satellite
imagery services to worldwide customers. Prior to this,
he worked at Arthur Andersen in Israel where he
qualified as a certified public accountant.
Playtech chairman Roger Withers said in announcing
Emodi's resignation: "Guy has played an important part
in Playtech's recent growth. The Board will be sorry to
see him leave and we wish him well for the future."
Emodi joined Playtech as CFO in October 2007 following a
spell as Chief Executive Officer of Ocif India, a Real
Estate Investment subsidiary of Ocif. Previous roles
included eight years with mobile phone provider Partner
Communications, four as Director of Finance and CFO.
Online Casino News courtesy of
InfoPowa
More news here.
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