London-listed gaming operator Jackpotjoy has announced a new management structure that will see chief executive Andy McIver leave the company.

The online bingo-led operator said Monday that it was restructuring its management team in order to bring in further operational expertise to maximise future growth prospects through its core business segments.

McIver, who joined the company as chief executive in June 2016, will continue to lead the business until January 31st, 2018, in order to ensure an orderly transition.

He will be replaced by experienced gaming executive Simon Wykes, who assumes the role of group managing director on November 1st.

Wykes joins the business after completing an external consultancy role with Ladbrokes Coral on their merger integration, and has previously served as chief executive of Gala Leisure and Sportingbet.

"Simon is a highly-experienced executive with an extensive knowledge of the bingo sector and considerable expertise in managing high-volume consumer businesses," said Jackpotjoy chairman Neil Goulden.

"His experience in the digitalisation of gaming businesses will be invaluable in achieving synergies across our main business segments and to drive the future growth of the group."

Wykes' appointment will also see him join the board of Jackpotjoy alongside Goulden, who will switch from chairman to executive chairman on November 1st.

"On behalf of the board, I would also like to thank Andy for the commitment, leadership and integrity he showed during his tenure, which has seen Jackpotjoy plc cement itself as the world’s largest online bingo-led company following its successful listing on the London Stock Exchange," Goulden added. "We wish him well with his future endeavours."

Commenting on his new role, Wykes said: "I am thrilled by this new challenge at Jackpotjoy plc and look forward to bringing my experience from leading digital gaming businesses to the company as well as significant operational experience to market leading brands."

Shares in Jackpotjoy plc. (Co. Data) (LSE:JPJ) were trading up 0.12 per cent at 810.00 pence per share in London Monday morning, shortly after the announcement.


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