Bill Floydd, the LSE gaming group’s Chief Financial Officer (CFO), has resigned and will join luxury retailer Watches of Switzerland, according to Rank Group Plc.
Floydd’s replacement is being sought, while Rank’s finance officer will remain in the position until the end of the year’s trading.
Floydd joined Rank in 2018 as part of a new leadership team tasked with managing the development of Grosvenor Casino and Mecca Bingo sites. He was previously the CFO of Experian UK & Ireland.
Floydd’s financial prudence between 2020 and 2021, according to Rank Chief Executive John O’Reilly, helped the company mitigate COVID-19 and lockdown difficulties.
“Bill has been an excellent CFO since joining Rank shortly after I joined in 2018 and I will be sad to see him go,” said O’Reilly. “He has helped secure the Group’s liquidity and future through the pandemic and will leave Rank in excellent financial shape.”
Rank has announced a series of senior team changes as part of its post-lockdown recovery efforts, including the promotion of former Strive Gaming CEO Eitan Boyd to Chief Innovation Officer, where he will oversee the creation of the company’s new proprietary software platforms.
Rank also appointed Jon Martin, a former group strategy director, to Managing Director of Rank Digital UK, where he will manage the expansion of Mecca and Grosvenor’s online businesses.