Bally s Corporation names Bobby Lavan new CFO

Bally’s Corporation has named Bobby Lavan its new Chief Financial Officer (CFO) as current CFO Steve Capp prepares to step down

Bally’s Corporation has named Bobby Lavan its young Chief Financial Officer (CFO) as current CFO Steve Capp prepares to stair down.

Lavan is a relatively recent Bally’s squad member, having united in May 2021 as Senior Vice President of Finance and Investor Relations.

But during his legal brief term of office at Bally’s so far, Lavan has led the acquisition, funding and desegregation of Gamesys, as swell as the internal and extraneous reporting processes.

And spell this will be Lavan’s firstly time taking on the role of CFO at Bally’s, he has held the billet at other companies before.

Prior to connection Bally’s, he served as the CFO of Turning Point Brands, a New House of York Stock Exchange-listed accompany that manufactures, markets and distributes branded consumer products.

Lavan’s career also includes a point as the CFO of General Wireless Operations, as considerably as various psychoanalyst and portfolio manager roles on Wall Street.

“Bobby’s caterpillar tread record book leading successful M&A and integration initiatives testament live invaluable in serving us get the byplay and accomplishing our long-term financial goals,” said Bally’s CEO Shelton Jackson Lee Fenton.

“I am excited to process with Bobby on the Gamesys integration, streamlining our financial reporting and executing our broader financial strategy to make further shareholder value.”

Lavan’s fitting is depicted object to Bally’s receiving the customary regulatory approvals. Meanwhile, Capp is leaving to “pursue other interests and opportunities,” though he will continue to back up the business sector through and through the remnant of April.

Regarding his appointment, Lavan commented: “I looking forward to working with Spike Lee and the squad to keep our shift into a global omni-channel gaming leader.”