Rank Group Plc, the London-headquartered gaming services operator, has confirmed that CEO John O’Reilly will step down from his position on January 29, marking the end of his leadership tenure that began in April 2018. The Board has decided to promote Richard Harris, who currently serves as Chief Financial Officer, to the interim chief executive role effective January 30.
The transition represents a significant leadership shift for the organization. Rather than leaving immediately after his retirement date, O’Reilly has committed to providing transitional support through the conclusion of the 2025/26 financial year, ensuring business continuity during the changeover period. This extended involvement underscores the complexity of the company’s current operations and strategic initiatives.
Richard Harris’ Background and Appointment
Richard Harris brings substantial financial and operational expertise to his new interim role. He joined the Rank Group Board as Chief Financial Officer in May 2022, where he has served as an Executive Director. His professional background spans several prominent corporations, including his previous tenure as CFO at Foxtons Group Plc, alongside leadership positions held at both Laird Plc and Marks and Spencer Plc. This diverse experience across retail, property, and financial sectors positions him well for the expanded responsibilities.
Organizational Response and Future Direction
John Ott, Chair of Rank Group plc, praised O’Reilly’s contributions, noting that his “extensive expertise in the gambling industry and strong operational acumen have positioned Rank Group to capitalize on the strategic foundation established during his tenure.” Ott also acknowledged O’Reilly’s decades-long impact on the broader betting and gaming sector.
The Board has initiated a formal recruitment process to identify a permanent successor, signaling the company’s commitment to securing long-term leadership stability. The appointment of Richard Harris as interim CEO provides operational continuity while this search progresses.
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Richard Harris Steps Up as Interim CEO of Rank Group Following O'Reilly's Planned Departure
Rank Group Plc, the London-headquartered gaming services operator, has confirmed that CEO John O’Reilly will step down from his position on January 29, marking the end of his leadership tenure that began in April 2018. The Board has decided to promote Richard Harris, who currently serves as Chief Financial Officer, to the interim chief executive role effective January 30.
The transition represents a significant leadership shift for the organization. Rather than leaving immediately after his retirement date, O’Reilly has committed to providing transitional support through the conclusion of the 2025/26 financial year, ensuring business continuity during the changeover period. This extended involvement underscores the complexity of the company’s current operations and strategic initiatives.
Richard Harris’ Background and Appointment
Richard Harris brings substantial financial and operational expertise to his new interim role. He joined the Rank Group Board as Chief Financial Officer in May 2022, where he has served as an Executive Director. His professional background spans several prominent corporations, including his previous tenure as CFO at Foxtons Group Plc, alongside leadership positions held at both Laird Plc and Marks and Spencer Plc. This diverse experience across retail, property, and financial sectors positions him well for the expanded responsibilities.
Organizational Response and Future Direction
John Ott, Chair of Rank Group plc, praised O’Reilly’s contributions, noting that his “extensive expertise in the gambling industry and strong operational acumen have positioned Rank Group to capitalize on the strategic foundation established during his tenure.” Ott also acknowledged O’Reilly’s decades-long impact on the broader betting and gaming sector.
The Board has initiated a formal recruitment process to identify a permanent successor, signaling the company’s commitment to securing long-term leadership stability. The appointment of Richard Harris as interim CEO provides operational continuity while this search progresses.