David Baazov takes a break that is temporary his responsibilities as the CEO and chairman of Amaya, the company announced today. The gaming that is canadian stated in a presser that Baazov, whom is dealing with five as-yet-unproven charges of insider trading, are changed in the interim by Rafi Ashkenazi as CEO, and Divyesh Gadhia as president.
David Baazov is taking a leave that is indefinite of from their responsibilities as CEO and chairman at Amaya. The company has conceded it has to take the newest allegations ‘seriously.’
Ashkenazi could queenofthenileslots.org be the recently appointed CEO of Rational Group, while Gadhia happens to be 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 choice is ‘voluntary,’ according to Amaya, and certainly will give him the opportunity ‘to focus on preparing an offer to acquire Amaya and to avoid a distraction for the company .
The message is that Baazov’s bid to take the company private is still into the pipeline, however unlikely it now generally seems to an observer that is outside. Meanwhile, the reshuffle within the board room shows that the Board’s faith in its chairman and CEO been shaken by the sudden broadening of the scope regarding the AMF investigation.
Baazov ‘Main Source’ of Privileged Information
Amaya’s previously stated faith Continuar lendo David Baazov to Step Down at Amaya For the time being, as Allegations Mount