|Online betting exchange Betfair has announced that Chief Technology Officer (CTO) Rorie Devine is leaving the company by ‘mutual consent’ in an anmicable split after five years.|
David Yu, Chief Executive Officer for Betfair, praised Devine and said that he had transformed the London-based company's technology team during his time as CTO.
'He introduced processes and rigour that resulted in our site becoming more stable, performing better and having more headroom than ever,” said Yu.
“He also led the department through exceptional growth with headcount tripling and the inclusion of many new products across our portfolio. He leaves with my sincere thanks for all his contributions.'
Betfair stated that Devine would work through a notice period and it has appointed headhunters in order to find a replacement.
Devine has a degree in computer systems and electronics from Kings College and started his career with LogicaCMG working with clients such as the Bank of England. He then moved on to consulting on trading-floor systems in investment banking and worked with more than 20 major financial institutions. He held a variety of leadership roles in Internet businesses before getting the job at Betfair, which he described as ‘a fantastic mix of great people, technology and products’.