Former Gala Coral chief executive Carl Leaver has left the board of Ladbrokes Coral Group after completing his one year fixed term of appointment.
Leaver left the company on October 31st, having served as executive deputy chairman since the merger of Ladbrokes and Gala Coral in October 2016. He previously spent six years as chief executive of Gala Coral.
"Over a period of six years, Carl led a major turnaround of the Gala Coral Group, culminating in the deal to merge with Ladbrokes to create Ladbrokes Coral Group plc," Ladbrokes Coral chairman John Kelly commented.
"I would personally like to thank Carl for agreeing to join the newly merged company for a fixed one year term to drive the integration of the two businesses," Kelly said. "Working with the management team, his leadership has been critical to the delivery of synergies well over double the original target. He leaves a business well-positioned for the future and we wish him well."
Leaver was appointed chairman of Irish telecommunications group Eir in June this year, and also serves as non-executive chairman of restaurant chain Carluccio's.
Shares in Ladbrokes Coral plc (Co.Data) (LSE:LCL) were trading up 5.11 per cent at 133.60 pence per share in London Thursday morning, as long-mooted merger partner GVC Holdings plc announced the disposal of its Turkish-facing operations, seen by many as a block to any future deal.