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UK & EuropeBetfred's COO, Mark Stebbings, Announces Departure After Nearly Three Decades

Betfred’s COO, Mark Stebbings, Announces Departure After Nearly Three Decades

Mark Stebbings, the Chief Operations Officer (COO) of Betfred, one of the UK’s leading betting companies, is set to bid farewell to the organization at the end of this week. Stebbings, who has dedicated almost 30 years to Betfred, announced his decision to step down via a LinkedIn post. While his departure is imminent, Betfred has yet to reveal details regarding his successor.

Mark Stebbings’ Farewell Message:
In a heartfelt message, Mark Stebbings reflected on his extensive journey with Betfred, expressing his pride in being part of the company’s remarkable growth story. He conveyed his gratitude to Betfred’s founder, Fred Done, acknowledging Done’s invaluable mentorship throughout the years.

Stebbings shared his sentiments, saying, “After nearly 30 years, I have decided that it is the right time for me to leave Betfred. I am immensely proud to have been part of an incredible growth story.” He went on to highlight the instrumental role Fred Done played in his career, from starting as a trainee betting shop manager to eventually becoming the group COO.

He also mentioned his upcoming farewell, describing it as an emotional moment as he bids adieu to the many exceptional colleagues he has worked with over the years. Stebbings conveyed his best wishes for Betfred’s continued success under Fred Done’s leadership.

Contributions to Betfred’s Global Expansion:
During his tenure at Betfred, Mark Stebbings played a pivotal role in the company’s international expansion, particularly in regions like South Africa and several states in the United States, including Colorado, Arizona, Ohio, Virginia, and Maryland. His efforts contributed significantly to Betfred’s global presence.

Future Plans:
Following his departure, Mark Stebbings plans to take a well-deserved break and spend quality time with his family while contemplating his future endeavors. His extensive experience and contributions to the betting industry make him a notable figure in the field.

Management Changes at Betfred USA:
Stebbings’ departure coincides with several management changes within Betfred USA. Recently, Kresimir Spajic assumed the role of Chief Executive of Betfred USA, overseeing the company’s strategy and operations across ten U.S. states. Spajic brings a wealth of experience from his previous roles at major gambling entities, further highlighting Betfred’s commitment to strengthening its presence in the U.S. market.

Mark Stebbings’ departure from Betfred marks the end of a remarkable chapter in his career and the company’s history. His dedication and contributions to the organization’s growth have left an indelible mark. As Betfred continues its journey in the ever-evolving betting industry, the appointment of Kresimir Spajic as CEO signals a new era of strategic leadership and expansion in the United States.

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