Paddy Power Betfair : Management appointments

10 January 2018

Paddy Power Betfair plc (the 'Group')

Management appointments

The Group announces the appointment of Dan Taylor as CEO of Europe and Barni Evans as CEO of Sportsbet, the Group's operations in Australia.Both positions will report to the Group Chief Executive Officer, Peter Jackson.

In the newly created role, Dan will be responsible for the Paddy Power and Betfair brands across all channels and geographiesoutside of the USA. Dan was previously Managing Director of the Group's UK & Ireland operations and before that was Managing Director of Paddy Power Retail.

Cormac Barry, who has successfully led the Sportsbet business since it was acquired in 2009, has decided to step down to pursue a career outside of the industry. Barni has played a key role in Sportsbet's success over the last seven years and is ideally qualified to lead the business. He is currently Sportsbet's Chief Commercial Officer, having joined the business as Chief Marketing Officer in 2011. Prior to that, Barni was Director of Marketing at Paddy Power and has been with the Group since 2001. Cormac will work closely with Barni and the rest of the Sportsbet leadership team over the next few months to ensure an orderly transition.

The Board would like to thank Cormac for his valuable contribution to the Group and wish him every success in his future career.

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