Raketech chairman Ulrik Bengtsson is departing his role as chief executive of William Hill just days ahead of the sale of the group’s international business to 888 Holdings.
Bengtsson leaves the group after three years as chief executive, during which time it was acquired by Caesars Entertainment in a £2.9bn deal in 2021.
888 Holdings said earlier this week that it will complete its £1.95bn (€2.29bn/$2.34bn) acquisition of William Hill’s non-US business on 1 July. Bengtsson will then leave when the deal closes.
Bengtsson has held the role of chairman of the board at Raketech since May 2021.
Bengtsson said: “With the on-sale to 888 Holdings due to be completed later next week, the time is right for me to say goodbye to William Hill and to hand over to Itai Pazner, CEO of 888 Holdings.
“I look back over the last four years with pride at what we’ve achieved, which has brought us to this point where 888 Holdings see the massive benefit of acquiring William Hill and the opportunities it will open up for both businesses.
Bengtsson joined William Hill as group chief digital officer in April 2018 and led the integration of MRG Group in the position.
Bengtsson previously spent five years at Betsson, joining as chief executive of its Malta subsidiary, before being named group CEO and president following the departure of Magnus Silfverberg in February 2016.