OPAP names acting-CEO as Cope prepares to step down

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OPAP chief industrial officer Jan Karas will take over as performing chief govt of the Greek lottery operator from 1 June following the departure of Damian Cope.

Cope introduced in April that he would stand down from the corporate on the finish of his present four-year contract, which ends this month, with a purpose to return to the UK.

The corporate mentioned on the time that Karas would assume the function of performing chief govt if an acceptable alternative was not discovered.

In an announcement Thursday, OPAP confirmed that Karas will assume the function on 1 June with accountability for all administration duties apart from human assets, which can be led by deputy chief govt Odysseas Christoforou.

Each Karas and Christoforou will report on to OPAP govt chairman Kamil Ziegler.

“After 4 years as OPAP’s chief govt officer and board director, Damian is leaving OPAP. Personally, and on behalf of OPAP’s board of administrators, I wish to thank him for his vital contribution to OPAP’s progress and outcomes and want him all the perfect for the long run,” Ziegler mentioned.

“Jan Karas is assuming obligations of the CEO and I’m trying ahead to working with him.  Furthermore, deputy CEO Odysseas Christoforou takes on further obligations and can be reporting on to me. I’m satisfied that we are going to obtain our strategic targets and tackle the challenges arising after the COVID-19 pandemic, leveraging the alternatives to ship worth to our shareholders and stakeholders.”

The seek for a everlasting chief govt officer is ongoing.

Shares in OPAP SA (ATH:OPAP) have been buying and selling up 1.27 per cent at €8.00 per share in Athens Thursday morning.

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