Analyst Tips Dyson For Betfair Top Job

ANALYST TIPS DYSON FOR BETFAIR TOP JOB

24th October, 2011 at 10:05:43
Source: http://www.azonlinecasinos.com

Turnaround specialist tipped as favourite

Investment bank Evolution Securities analyst James Hollins has tipped outgoing Spirit Group chief executive Ian Dyson as a front runner in Betfair's search for a new chief to replace David Yu stepping down in October 2012 (see previous report).

We now view Ian Dyson as the front-runner to take the helm as chief executive of Betfair in the first quarter of 2012.

We would regard this as a positive catalyst, with the potential, as a turnaround specialist, to drive improved performance from the once well-regarded Betfair, said Hollins.

Dyson was appointed as an independent non-executive director of Betfair in February 2010 and has held executive positions at Spirit, Marks & Spencer, The Rank Group plc, Hilton Group, Le Meridien and Arthur Andersen.

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