Simon Denyer has taken charge as sole chief executive of digital sports content provider PERFORM Group, after the company confirmed that Oliver Slipper is stepping down as co-CEO.

Slipper, who has served as joint chief executive of the business with Denyer since it was established in 2007, will become a non-executive director of PERFORM, but has left his position to pursue opportunities in different industries.

As a non-executive director, Denyer said, Slipper would continue to assist the PERFORM team on product innovation and strategy.

The pair founded PERFORM through the merger of Premium TV and Inform Group, and since 2007 it has grown to employ more than 1,500 people in 26 countries, and provides content to a number of leading media and betting companies worldwide.

“Now feels like the right time for me to step aside,” Slipper said of his departure. “When I think back to some of the early days, it is quite extraordinary what we have been able to achieve - something that will always bring a smile to my face and something I am immensely proud of.”

“Led by Simon and a superbly talented senior management team, PERFORM has an incredible chance to continue to transform the market,” he continued. “The breadth and range of opportunities in front of the company have never been greater and, as both a shareholder and board member, I am excited to be part of its next phase of growth.

Denyer added that it had been “a privilege” to work with Slipper, and thanked him for everything he had done for the business over the course of his tenure.

“Moving forward, I am glad that he will continue to work with the team on product innovation and strategy and maintain many of our key client relationships,” he said. “I wish him all the best for the future.”