BUSINESS

Hills CEO gets significant bonus; Intralot new game for Holland; WorldSpreads chief executive departs

TAGs: holland, Intralot, Ralph Topping, William Hill, WorldSpreads

hills intralot worldspreadsWilliam Hill CEO Ralph Topping saw his pay exceed £1.7 million in 2011 thanks to a hefty bonus. In the company’s annual report it states Topping received a bonus of £930,000 and meant his take home pay exceeded the aforementioned figure of £1.7 million. The report also detailed the CEO’s latest pay rise – an 11.1 percent rise to £600,000. It was the very same subject that last year had shareholders up in arms. Chief financial officer Neil Cooper also got a tidy bonus to the tune of £428,640, which was in addition to the salary of £370,000.

Intralot has released its latest game for the Dutch market. In conjunction with Holland’s national lottery, De Nederlandse Staatsloterij, they’ve implemented the numerical-type game “Miljoenenspel.” Players can access the game at retail locations across the country, at the lottery’s website and through player’s subscription. The release is part of an agreement signed between the two in 2008 and continues a fruitful relationship between Intralot and the oldest continuing lottery in the world.

WorldSpreads are looking for a new chief executive after Conor Foley resigned with immediate effect. Foley remains the group’s largest shareholder and the company is hoping to replace him with former WorldSpreads Ltd chief executive Roger Hynes. WorldSpreads confirmed they’re in “negotiations” with Hynes, who is still a director with the firm. Lindsay McNeile, non executive chairman of WorldSpreads and WorldSpreads Ltd, becomes executive chairman of both companies with Dominic Bacon, general counsel and group head of compliance, has also been appointed to the WorldSpreads board.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com