William Hill has announced that Adrian Marsh will join the business as the company’s new chief financial officer later this year, replacing the outgoing Ruth Prior in the role.
The exact date at which Marsh is to join the business, and also become an executive director on the operator’s board, will be announced in due course, William Hill said.
Marsh joins from DS Smith, an international packaging business where he has served as CFO for the past seven years. During this time, DS Smith transitioned from the Financial Times Stock Exchange (FTSE) 250 Index to FTSE 100. He also serves as a non-executive director of energy services business John Wood Group, an other FTSE 250 company.
Before joining DS Smith, Mark served as group director of tax, treasury and corporate finance for supermarket giant Tesco, as European CFO for pharmaceuticals multinational AstraZeneca, and CFO of global building products for glass manufacturer Pilkington.
“I am delighted to welcome Adrian to the board. As a proven CFO of a FTSE listed company with M&A, deal execution and multi-sector finance experience in US & European markets, he will be able to make a significant contribution to William Hill in the enablement of the strategy and is a great addition to the team,” William Hill chief executive Ulrik Bengtsson commented.
Marsh added: “I am extremely excited to be joining William Hill at such a key time in the Company's history, and look forward to supporting Ulrik and the rest of board in delivering their growth plans for the future.”
The company’s previous CFO, Ruth Prior, announced in January this year that she was to step down to take the same role at Element Materials Technology, a materials and product qualification testing for the aerospace, oil & gas and transportation markets.
She spent just over two years as CFO for the business, having been appointed to the role in March 2017, then beginning work in October 2017. She was appointed to replace Philip Bowcock, after he was promoted to CEO of the business.
Her exact departure date is yet to be confirmed.