Search underway for new CEO as Kennedy to stand down after 10 years
Mr Kennedy — who made the announcement ahead of the company’s AGM in Dublin — is due to leave the firm next April, and said his decision is based, solely, on “10 years being enough time at the helm… nothing more exciting or interesting than that”.
He added he currently has no future plans in place, but put paid to any notion of him transferring to a rival operator in the betting/gaming sector, by saying “I will never compete against Paddy Power”.
