Itai Pazner has been appointed as the new CEO of 888 Group, a leading online gambling company, bringing with him extensive industry experience.
Pazner, previously the COO, takes over from Itai Frieberger, who will remain a director during the transition period.
A Strategic Appointment
A newly announced CEO is set to take the reins at a prominent online gambling company. Itai Pazner, who previously served as the company’s COO, has been appointed to the chief executive officer position at the 888 Group. With 17 years of experience at this publicly-listed company based in Gibraltar, Pazner brings a wealth of knowledge and expertise to his new role.
Extensive Industry Experience
Before his appointment as COO in 2017, Pazner spent over six years as senior vice president of the Group’s B2C division. During his tenure, he significantly contributed to developing 888’s various brands and oversaw the company’s marketing, customer support functions, and operations. This extensive experience within the organisation positions him well for his new responsibilities.
Transition Period
Frieberger has been a part of 888’s executive leadership team for nearly eight years. His ongoing involvement as a director will aid the group’s progress and provide continuity during this change in leadership.
Board’s Confidence in Pazner
Mattingley also expressed confidence in Pazner’s capabilities as the new CEO. “He has a fantastic track record within the Group, having helped to drive 888’s growth in several new regulated markets and overseen significant product and marketing innovation over recent years,” Mattingley remarked.
Achievements and Challenges
Pazner, acknowledging Frieberger’s contributions, stated, “Itai Frieberger is hugely admired both within 888 and throughout the online gaming industry. He has been instrumental in the Group’s significant development over many years.”
Looking Ahead
The transition period, supported by Frieberger’s continued presence on the board, aims to ensure that 888 remains on its strategic path without disruption. This period will be crucial for maintaining the momentum that the group has built over the years.
Industry Response
The online gaming industry continues to face numerous challenges and opportunities, and 888’s leadership transition comes at a significant time. Observers will be keenly watching how Pazner’s appointment influences the company’s trajectory moving forward.
Conclusion
The appointment of Itai Pazner as the new CEO of 888 Group marks a significant leadership transition for the company. With extensive experience and a deep understanding of the business, Pazner is well-positioned to guide the group through its next phase of growth. The continued involvement of outgoing CEO Itai Frieberger will ensure a smooth transition and support ongoing strategic initiatives.
Itai Pazner’s appointment as CEO signifies a new chapter for 888 Group, maintaining continuity and driving future growth.
The transition period with Frieberger’s support aims to ensure the company remains on its strategic path.