BETFAIR LOSES AUSTRALIAN CEO

Thursday September 15,2011 : Global search for two new replacement executives continues
 
Betfair continued its extraordinary bad run in losing senior executives this week with the news of the resignation of its Australian chief executive officer, Andrew Twaits for undisclosed reasons.
 
Twaits will relinquish his position in February 2012 giving the company time to continue its search for two replacements now following the resignation of Global chief executive David Yu earlier this year.