Bwin CEO Jim Ryan Retires: What This Means
Bwin.party co-chief executive Jim Ryan is walking away from his “dream job” and heading into retirement, leaving behind a fine legacy with all his great work at the company. He will mostly be remembered for the Bwin/PartyGaming merger that demonstrated his business acumen and vision in the industry.
He will be officially out of the office on January 15,2013 and heading back to Canada and spending more time with his family.
The gaming industry will see a veteran leave after eleven outstanding years in the business and a successful tenure at Bwin. Ryan said: “As we approach the final stages of our merger integration I am immensely proud of what we have achieved and know that with Norbert at the helm, the business is in excellent hands and is particularly well-placed for the future.”
Norbert Teufelberger, who Ryan shared join leadership responsibilities, will now be running the company; and just so happens, lately has been the most visible Co-Chief with the recent public detainment by the Belgian authorities.
With Norbert now at the helm, Bwin will surely be more aggressive in streamlining their business activities and continue challenging regulated markets so they meet the EU Gaming standards, making them stronger. In addition, with the recent partnership with Zynga, the company will also concentrate more on their social gaming ventures and pursue that market as well with a UK real money offer next year.