Directorate Change
January 19 2009 - 4:00AM
UK Regulatory
TIDMPRTY
RNS Number : 8449L
PartyGaming Plc
19 January 2009
19 January 2009
PartyGaming Plc
Directorate Change
The Board of PartyGaming Plc has been given notice by John O'Malia, Group
Managing Director, of his intention to leave the Company in order to pursue
other business interests. Mr O'Malia will remain with the Group until the end of
February 2009 when he will step down from the Board and his duties as Managing
Director will be assumed by Jim Ryan, Group Chief Executive.
John O'Malia was Chief Executive of Gamebookers, until it was acquired by
PartyGaming in August 2006. Having agreed to remain with the Group following the
integration of Gamebookers, he became a member of the senior management team and
was appointed to the Board of PartyGaming in May 2008.
Commenting on today's announcement, Jim Ryan, Group Chief Executive Officer
said:
"Over the past two and a half years, John has made a significant contribution to
the transformation and leadership of the Group. In particular, his vision and
dedication were fundamental to the successful launch of the next generation of
our signature PartyPoker.com product in September 2008. John is a natural leader
and is keen to fulfil his potential in a more senior management role that will
play to his considerable industry and management experience. Whilst saddened by
his decision to leave the Group, we wish him every success for the future."
John O'Malia, Group Managing Director, commented:
"My time at PartyGaming has been extraordinary. We have made enormous strides
in repositioning the Group's gaming portfolio, something that I was determined
to achieve before moving on. I am enormously proud of the progress we have made
and the fact that many of the Group's games are now once again recognised as
being best in class. Whilst I shall certainly miss the excitement of working for
the world's leading listed online gaming company, I am looking forward to taking
on fresh business challenges."
Contacts:
+-----------------------------------------------+-------------------------+
| PartyGaming Plc | +44 (0)20 7337 0100 |
+-----------------------------------------------+-------------------------+
| Peter Reynolds, Director of Investor | |
| Relations | |
+-----------------------------------------------+-------------------------+
| John Shepherd, Director of Corporate | |
| Communications | |
+-----------------------------------------------+-------------------------+
| | |
+-----------------------------------------------+-------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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