Written by :
Aaron Goldstein
Published on :
Andy Hornby has begun his reign as Chief Executive of Coral, one of the world’s biggest bookmakers.
It had taken the firm nearly a year to replace former CEO Nick Rust, who departed for Ladbrokes.
Hornby had previously been chief executive of HBOS during the financial crisis, when saw losses of £11bn before it was bought by rival Lloyds Banking Group, CITY AM reported.
A spokesperson for the company confirmed Hornby’s hiring this week: “We are delighted to confirm that Andy Hornby has been appointed chief executive and will be responsible for Coral’s retail and online operations.”
- Aaron Goldstein, Gambling911.com
