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Insider UK
Insider UK
Business
Perry Gourley

William Hill finance chief steps down as bookies hails 'favourable' sports results

The finance director of William Hill is stepping down to be chief financial officer at the material testing company which bought Edinburgh’s Exova in 2017.

Ruth Prior is to join Element Materials Technology although her departure date from William Hill has not yet been set. The news came as William Hill said profits for the past year are expected to have surpassed expectations on the back of a stronger performance by its retail business.

The gambling giant said favourable results at sporting events towards the end of the year helped to bump its profits higher.

Prior joined William Hill in October 2017 and the group said she had played a key part in developing and delivering the strategy of the company and driving several transformation initiatives.

CEO Ulrik Bengtsson said: "I am very appreciative of Ruth's support and professionalism since I took on the role as CEO. She has supported the business during what has been a period of unprecedented change for the sector and we would like to thank her for all she has done for William Hill".

London-based Element Materials Technology bought Exova in a £620.3 million deal. It has bases in Edinburgh, Glasgow and Aberdeen.

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