Poker news tagged with 'resign'

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jun
29

Betfair CEO to leave after 6 years

Tags: betfair, ceo, david yo, leaves, resign
Posted on 29 June 2011 by "T".

David Yu, who has been the CEO at Betfari for over 6 years, has resigned and will be leaving the organization very soon. Yu's contract ends in October 2012, but yesterday he said that he wants leave earlier than that. The reason for this might be the strict & tough regulations in Europe and USA.

Apart from that, the company's stock price has dropped 47% since October last year. It remains unclear what David Yu will do after leaving Betfair. But one thing is for sure though: Yu isn't in a hurry to find a new job as he earned about half a million british pounds per year working for Betfair.

 


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