The Chief Executive Officer for British land-based and online bookmaker William Hill has stepped down after less than two years at the helm due in large part to his failure to revive the business’ struggling virtual offering.
According to The Daily Telegraph newspaper, James Henderson has left to be replaced on a temporary basis by Philip Bowcock, the former Chief Financial Officer for the London-based sportsbetting giant.
Henderson became boss of the nation’s biggest bookmaker in August of 2014 but the newspaper reported that his tenure was marred by a series of profit warnings and an exodus of senior staff, particularly in its troubled online division. This led to a lowering of investor confidence, which was not helped in May when the firm reported an 11% slump in net …