Paddy Power Announces Management Appointments

EMBARGOED: 0700, 9th December 2014

Paddy Power Announces Management Appointments

The Chief Executive Designate of Paddy Power plc, Andy McCue, today Tuesday 9th December, announces three senior management appointments. The appointments will take effect from 1st January 2015, coinciding with Andy assuming the role of Chief Executive.

· Peter O'Donovan has been appointed 'Chief Product Officer', leading a newly created product function which brings together the technology and product development teams across Paddy Power and Cayetano in Bulgaria. In addition, the technology department of Sportsbet, the Group's Australian business, will have a dotted reporting line into Peter. Global product innovation will be coordinated centrally under Peter.

· Johnny Hartnett has been appointed 'Managing Director, Paddy Power Online' with responsibility for paddypower.com and paddypower.it, together with Dial-a-Bet and Customer Operations. Johnny is currently Director of Operations at Paddy Power and was previously COO in Sportsbet, and prior to that Head of Sports Risk & Trading in Paddy Power. 

· Christian Woolfenden has been appointed 'Managing Director, Retail (UK & Ireland)'. Christian has been Global Marketing Director at Paddy Power since 2011, having previously been Global Brand Director for the Bacardi brand. Prior to joining Bacardi in 2008, Christian worked for eight years at Procter & Gamble in Switzerland and London in finance and marketing roles. A search process is underway to fill the role of Marketing Director.

Andy McCue, Chief Executive Designate, commented:

"These appointments reflect a strategic emphasis on customer and product. I am delighted to be filling these positions with high calibre individuals with a proven track record of success in the Group."

ENDS

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