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Andy McCue is new Paddy Power CEO

Thursday, September 04 10:23:08

Andy McCue will be the new chief executive of Irish bookies Paddy Power, the company announced this morning.

He will take over from Patrick Kennedy next January and will also become a director of the company with immediate effect.

He has been with the bookies for eight years and is currently managing director of its Retail UK and Ireland operations.

Patrick Kennedy announced in May that he was standing down from the CEO position after 10 years in the job.

Nigel Northridge, the company's chairman, said that Mr McCue has an outstanding track record and has consistently demonstrated strong leadership across the business as a key member of the Management Committee and in his role driving the regulatory agenda.

"Andy is the ideal leader to drive Paddy Power's next phase of growth," he added.

For more visit: www.businessworld.ie