Frieberger departs the CEO role and will be replaced by Itai Pazner, former COO of the company.
US.- 888 Holdings has announced that it has appointed a new CEO, as Itai Frieberger announced that he is stepping down from his role in the company. He will be replaced by Itai Pazner, previous COO of 888.
Despite his departure from the CEO role, Frieberger will remain in the company as a director for a period of up to 12 months. Frieberger said: “Being CEO of 888 and working with our team of highly skilled and committed colleagues has been a tremendous honour. This has not been an easy decision to make, however I feel that – after eight exciting and rewarding years as a senior executive in a dynamic global business – this is the right time for me to step back from the day-to-day running of 888.”
Brian Mattingley, Non-Executive Chairman of 888, explained that Itai Pazner is the ideal successor as CEO, as he is highly experienced and dynamic operator who has developed unique understanding of 888 over the past 17 years within the company.
“I am honoured to become the new CEO of 888. 888 has a brilliant team and culture across the business, which is led by a talented and vastly experienced operational management team,” said Pazner.