888 Holdings has stated, releasing a corporate filing, that Aviad Kobrine chose to end his 15-year tenure as Chief Financial Officer (CFO) of the LSE-listed online gambling company.
888 Governance, informing clients, advises that Kobrin will continue to act as CFO until a replacement is found, supporting company leadership through its transition period.
Commenting on his departure, Kobrin said: “I would like to take this opportunity to thank the fantastic team at 888 with whom I have had the pleasure and honour of working over the last 15 years. I am incredibly proud of what we have achieved together throughout my time with the business.”
A key executive of the group, Kobrin joined 888 in 2004 tasked with leading financial planning of the business before its 2005 IPO on the London stock exchange.
In addition, Kobrin was a major stakeholder in the enlargement strategy of 888, which saw the company purchase the development studio Globalcom games and the online bingo business Wink in 2007/2008 to diversify the market portfolio of 888 for the B2B services.
888 The Chairman of the Holdings Brian Mattingley praised the work and commitment of Kobrin stating: “Aviad has made a truly outstanding contribution to 888. He has played a significant role in helping to develop 888 into the world-class online gaming operator it is today.
“Aviad has been an integral part of the leadership team throughout a transformational period for the company.
“Over recent years he has supported 888’s growth into new markets whilst also helping the group to successfully manage and navigate significant changes in our industry.”