Ladbrokes CEO breaks record for shortest-serving boss after abruptly leaving less than six months in charge THE CEO of Ladbrokes has been abruptly sent packing after less than six months — breaking the record for the shortest-serving boss of a FTSE 100 firm.
His departure marks Entain’s second CEO departure in 14 months, as predecessor Jette Nygaard-Andersen left in December 2023 after a probe into alleged bribery in a Turkish subsidiary, as well as the firm’s sluggish performance.
Meanwhile, Mr Isaacs’s departure means he has beat out former Persimmon boss Dave Jenkinson in having the shortest stint in City history at the top of a London blue-chip.
Gavin Isaacs joined Ladbrokes and Coral owners Entain on September 2 last year, coming with 25 years of experience in the Vegas gambling industry.
Entain chair Stella David, who stepped in after Ms Nygaard-Andersen’s departure, is to run the firm again on an interim basis but will likely decline being the permanent CEO.