04.10.2007
Directorate Change - Appointment of New Chief Financial Officer
Playtech (AIM: PTEC), the international designer, developer and licensor of software to the online and land-based gaming industry, is pleased to announce the appointment of Guy Moshe Emodi to the Board as Executive Chief Financial Officer (CFO) of the Company. The appointment is to take place with immediate
effect.
Guy Moshe Emodi, 43, holds an MBA from the London Business School (LBS) UK. He has more than 18 years of experience in international finance during which he was involved in transactions totalling more than $5 billion.
Prior to joining Playtech, Guy was Chief Executive Officer of Ocif India LTD, a Real Estate Investment subsidiary of Ocif (TSE: OCIF), where he headed up a new investment venture in India.
Before this, Guy spent eight years with Partner Communications LTD (NASDAQ: PTNR, LSE: PCCD), four of them as Director of Finance and CFO of Partner Comunications 2000 Ltd, where he oversaw Partner's growth from a start up business to becoming a leading mobile phone provider.
Mor Weizer, Chief Executive of Playtech, said:
"We are delighted to welcome Guy to the Board of Playtech. His experience in high level international finance and the technology sector means that he has an excellent understanding of the demands of a publicly listed company, and will be of enormous benefit to Playtech."
Roger Withers, Chairman of Playtech, commented:
"Guy has a high reputation in financing and banking circles and we are very pleased to welcome him on board. With his LBS MBA and his previous industry experience, he will be a good cultural fit both on the Board of Playtech and in the City."
Mr Emodi is currently a non-executive director of Intercure LTD. During the past five years has held directorships in the following companies, of which he is no longer a director:
Ocif India Ltd
Marthon Venture Capital Fund
Israel Management Institute
Bamboo Ltd
Platinet Ltd
Estimotion Ltd
There are no further matters to be disclosed under Schedule 2 (G) of the AIM Rules.
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