London-listed gaming operator GVC Holdings has made a number of changes to its senior management team, with new roles for Tom Ritzema, Nick Batram and Paul Tymms.
Tom Ritzema has been appointed group trading director, succeeding Jim Humberstone who is leaving the company after nine years to pursue new opportunities.
Humberstone was previously GVC chief operating officer between 2014 and 2016, taking over the group director of trading role following the bwin.party acquisition in February 2016.
He will be replaced by Ritzema, who has more than eighteen years’ experience in bookmaking and trading, and joined GVC as head of trading in April 2013 following the company’s acquisition of Sportingbet.
He was Humberstone’s deputy group head of trading between 2013 and 2018, and most recently served as sports trading director. He played a leading role in the integration of the trading teams of bwin.party and Ladbrokes Coral, and will report into GVC chief operating officer Shay Segev in his new role.
Nick Batram takes on the new role of group director of corporate strategy and development, where he will report directly into GVC chief executive Kenneth Alexander, focusing on both M&A activity and the group’s broader strategic direction.
Batram has been with GVC since 2016 as director of investor relations and external communications. He has over 30 years of expertise working in City-related finance with experience from both the buy-side and sell-side of capital markets.
Paul Tymms has been promoted to director of investor relations and corporate communications, reporting in to Rob Wood, who takes over the chief financial role in early March.
Tymms joined GVC with the acquisition of Ladbrokes Coral, where he held the position of director of investor relations. He held the same role at Coral prior to its merger with Ladbrokes in 2016 and was previously with leisure group TUI.
“I am delighted with these appointments which demonstrate the strength and quality of our senior management team,” said Alexander. “Nick and Paul are both highly talented and experienced professionals who will help to guide our strategic development as we move forwards.
“In his role as Jim’s deputy, Tom has been integral to the success of the group’s trading operations, which has been a key driver of our performance. When Jim told me that, after nearly a decade with us, he has decided he wanted to move on, Tom was the obvious candidate to succeed him.
“I’d like to put on record my thanks to Jim who has been fundamental to our journey from a small AIM listed operator, to our position today, as the world’s largest online-led sports betting and gaming business.”
Shares in GVC Holdings plc (LSE:GVC) were trading down 1.76 per cent at 698.50 pence per share in London Tuesday morning.