July 16, 2020 / 6:16 AM / 24 days ago

Ladbrokes owner GVC's long-time CEO Kenneth Alexander to step down

July 16 (Reuters) - Ladbrokes owner GVC said on Thursday Kenneth Alexander will step down as chief executive officer after 13 years at the helm, and named Chief Operating Officer Shay Segev as his successor.

The company, whose brands also include Coral, bwin and Foxy Bingo, said it expects first-half core earnings to be in the range of 340 million pounds ($426.94 million) to 350 million pounds.

$1 = 0.7964 pounds Reporting by Tanishaa Nadkar in Bengaluru; Editing by Shailesh Kuber

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