CEO Haddock leaves Betfred
BETFRED chief executive John Haddock has left his post after 30 years with the Warrington-based company.
According to the Racing Post, Betfred founder and chairman Fred Done has temporarily taken over Haddock’s duties.
Haddock joined Fred Done in 1986 from his job as a Ladbrokes shop in Altrincham, Greater Manchester when the firm had about 25 shops.
He became chief executive in 2014 having been managing director of the bookmaker’s retail side and had been responsible for integrating the Tote’s betting shops into the firm’s wider estate following the purchase of the Tote in 2011.
He was also instrumental in bringing Betfred TV to the company’s betting shop estate, which now numbers 1,378 according to the bookmaker’s website.
The company looks poised that number as they have expressed nterest in buying the 350 to 400 betting shops Coral and Ladbrokes must sell in order for their proposed merger to go through.
Reports in Ireland suggested that Betfred had beaten BoyleSports in the race to buy the shops, but this has not been confirmed.
Done said: “John Haddock has departed from the Betfred Group as CEO.
“I would like to thank John for his 30 years of loyal unblemished service and I wish him well for the future. For the time being I shall be assuming all of John’s duties.”
