David Baazov will take a break that is temporary his obligations as the CEO and president of Amaya, the business announced today. The gaming that is canadian said in a presser that Baazov, whom is facing five as-yet-unproven charges of insider trading, will be changed in the interim by Rafi Ashkenazi as CEO, and Divyesh Gadhia as chairman.
David Baazov is taking a leave that is indefinite of from their responsibilities as CEO and president at Amaya. The company has conceded so it must take the newest allegations ‘seriously.’
Ashkenazi may be the recently appointed CEO of Rational Group, while Gadhia was an Amaya director since 2010. Gahdia also chairs the ‘Special Committee’ of independent directors established on 1 to oversee Baazov’s private takeover acquisition proposal february.
Baazov’s decision is ‘voluntary,’ according to Amaya, and will give him the opportunity ‘to focus on preparing an offer to obtain Amaya and to avoid a distraction for the company .
The message is that Baazov’s bid to take the company private is still within the pipeline, however unlikely it now appears to an observer that is outside. Meanwhile, the reshuffle in the board space implies that the Board’s faith in its chairman and CEO been shaken by the broadening that is sudden of range associated with AMF investigation.
Amaya’s previously stated faith that Baazov would be exo Leer más
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