Patrick Kennedy the CEO of Paddy Power is stepping down from his role after ten years at the helm of the Irish bookmaker.
“I have always had a personal view that after ten years at the helm, change is good, both for the business and the individual,” Kennedy said in a statement. He will leave his job as boss of Paddy Power in 2015 along with competitor William Hill boss Ralph Topping who is also leaving at the end of 2015.
Both bookmakers who have strong presence in land based retail units and online will be searching to find replacements for both men who have inspired their companies to be leading players in the industry.
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