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Ralph Topping staying at William Hill

Monday, June 13, 2011 : TOPPING TO LEAD WILL HILL UNTIL AT LEAST 2013
 
Board secures chief executive's services for next few years
 
UK bookmaker William Hill has announced the retention of its chief executive Ralph Topping until at least 2013.
 
Topping (60) has been with the Group for 40 years in various roles and was appointed to chief executive in February 2008.
 
The agreement with effect from January 2011 will see Topping receive GBP 600 000 in remuneration which may progress to levels around the upper quartile of the market over time.
 
Additionally, a special, one-off retention award to Topping of 552,995 William Hill shares at 217p per share has been made, which will vest on 31 December 2013 subject to continued employment.
 
Changes to the package include the chief executive's on-target bonus opportunity which has been reduced from 90 percent to 80 percent of salary and maximum awards under the Performance Share Plan will reduce from 150 percent to 100 percent of salary.
 
Gareth Davis, William Hill Chairman said: “These changes are intended to move Mr. Topping’s salary from below competitive market levels to reflect more closely Ralph’s unique individual experience and profile, and his criticality to the Group during the continuing transition of William Hill into a leading international betting and gaming business. The Board is committed to ensuring a smooth transition for the Chief Executive position at the appropriate time and this agreement provides important certainty as we develop our succession plans.”
 
Ralph Topping, Chief Executive, commented: “We have made exceptional progress in the transformation of William Hill during the last three years. There are significant further opportunities ahead of us and I am pleased to have been asked by the Board to continue leading the business at this crucial time in William Hill’s growth and development.”



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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