1/19/2012 : TWO WAY MANAGEMENT MOVEMENTS
former-managing director to pursue next phase of career
Following an announcement of the departure of Australian gaming operator Two Way Limited's managing director Ben Reichel effective January 31, 2012, the Board has dissolved the position and appointed a new senior executive.
Reichel, during his tenure, was responsible for the deployment of the company's TV wagering service and the successful launch of Two Way's online and mobile wagering portal Way2Bet. He will remain on the Board as a non-executive Director.
Chris Grant-Foster will step down from the Board to focus exclusively in a senior executive position on leading sales efforts on existing and new platforms, marketing of TAB Active TV wagering service and Way2Bet as well as the continued development of the business.
Two Way chairman Stuart McGregor said: “I am delighted that Chris Grant-Foster has agreed to return to the business in an executive capacity. Chris has direct hands-on knowledge of the industries we operate in, and is the right man to lead the Company forward in the next phase of its development.”