World Gaming Appoints New Chief Financial Officer
By Michael
Davis will oversee all of the company's financial operations, with an immediate focus on the institutional investment communities in North America and Europe, and on preparations for the company's move to list on a senior exchange. "Rodney brings outstanding corporate financial experience to the company," said World Gaming CEO Michael Aymong. "This development, together with the announcement made earlier this week of David Pasieka as our new COO, means that we now have the critically important senior management positions in place and can begin the next phase of World Gaming's growth and development." With almost 15 years experience, Davis brings to World Gaming a successful track record in the areas of strategic and business planning, public market financings, corporate restructurings, public financial reporting, acquisition negotiations and execution. His career has ranged from auditing to mergers and acquisitions to high finance. "The opportunity to join a true industry leader with superior technologies was irresistible," said Davis. "It is an exciting time to be joining the team and I look forward to contributing to the successful implementation of World Gaming's business plan and international growth strategies." Most recently, Davis held the position of CFO at MGI Software Corporation, a leading global provider of visual media software and infrastructure solutions distributed in over 40 countries. At MGI, Davis successfully completed a $23 million bought deal in Canada, co-led by National Bank and BMO Nesbitt Burns. Further, he introduced processes and accountabilities to the company that led to better-informed decision-making and resource allocations. Prior to joining MGI, Davis was Vice President Corporate Development of Maxxcom Inc. where he managed the company's acquisition program and participated in taking the company public. In 1997, Davis was appointed Vice President and Corporate Controller for Southam Inc., a media company with annual revenues of $1.3 billion. At Southam, Davis was responsible for all public financial reporting, as well as approving business plans and capital expenditures for all divisions. Davis obtained his CA designation while working at KPMG LLP. About World Gaming plc World Gaming plc is a pioneer and leader in I-gaming software and e-commerce technologies. World Gaming is an international developer, licensor and provider of the industry's most comprehensive offering of online gaming products, including casino, sports book and pari-mutuel betting.
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