Change at the Top for William HillPublished June 12, 2014 by OCR Editor
Industry insiders believe that gaming giant William Hill will promote from within.
William Hill has travelled a long way in the 80 years of its existence - from a bookmaker in an uninspiring North London suburb to an industry leader with a turnover in 2013 of over £4bn. The current CEO, Ralph Topping, is due to step down in 2015 - but that hasn't stopped the rumour-mill going into overdrive as to who will be his likely replacement.
Promotion from within?
William Hill is a venerable institution, but unlike those who refuse to move with the times and who eventually get caught-up and surpassed by younger and more thrusting competition, they have taken on their rivals and continue to be in an industry-leader. They could also be compared favorably with two of the most successful sporting institutions in the world; Liverpool FC and the New York Yankees.
Perhaps more in times past, those two great sporting clubs would promote their top lieutenants from within - people with an affinity for and understanding of the institution that they would one day lead. So it is with William Hill, as the smart money on Topping's replacement seems to be to on career-William Hill man, James Henderson. He has been with the company for 29 years and has worked his way up (like Topping) from bookmaker to the high echelons of the firm.
Jumping the gun?
William Hill has not made an official announcement regarding the successor to Topping, nor even when exactly that might take place. The gaming industry seems to be one where insiders' feelings and thoughts about movements in companies seems to be suspiciously well-researched and accurate. Observers of the William Hill say that an external search for a new CEO did not provide a figure with any more outstanding qualities than the pool of talent currently at their disposal. Just as in Game of Thrones, it seems that the William Hill crown will pass to the next-in-line ÂÂ- from within.