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New CEO at Samworth Brothers

first_imgLindsey Pownall, the chief executive of Samworth Brothers, has reportedly decided to step down from the top job at the food group.According to reports in the Leicester Mercury she has decided to take early retirement, after four years in the role and 20 with the company, and will be replaced on 1 January 2016 by Alex Knight, a longstanding adviser to the Melton-based food manufacturer.The announcement of her departure comes in the same month as British Baker exclusively revealed that Paul Tripp, the highly influential managing director of Soreen, was to leave the business.Samworth Brothers reported a £837m turnover last year – more than 5% up on the previous year. Its brands include Ginsters, Dickinson & Morris pork pies, Walkers pork pies and Walkers sausages. It produces sandwiches, ready meals, pork pies, desserts and cakes for supermarkets including Marks & Spencer, Morrisons, Waitrose and Tesco.Knight said: “I have worked with many great businesses and organisations in my career, but Samworth Brothers has always stood out because of its unique ethos, strong values and its commitment to a long-term view.”Pownall is relocating to the Lake District, but will continue to advise the Samworth board.She added: “Alex is a brilliant replacement for me. We have found someone who can relate to running a family business. He has his own consultancy business and a history of working with lots of big businesses around the world.“Continuity is everything and I have used him extensively, particularly in the last four years, in helping me make our various companies work more collaboratively. The changes the company has seen have been as much his as mine.”last_img read more

Captive insurance association names Diane Leach interim president

first_imgThe Board of Directors of the Vermont Captive Insurance Association (VCIA) has appointed Diane Leach interim president of the Association. The appointment will become effective upon Molly Lambert’s departure from the organization. Lambert has been recommended by Senator Patrick Leahy for appointment by President Obama as State Director for Rural Development for Vermont and New Hampshire.In announcing Leach’s interim appointment, Chair of the Board Michael Bemi, stated, “Diane’s 20+ years with the VCIA, her outstanding service to the Association and her deep understanding of the captive insurance industry make her the perfect interim leader.” Leach is a resident of Stowe, VT and has held the position of Director of Education and Program Planning for well over a decade. She was the first staff person of the VCIA when she joined the organization in 1988.As the Association transitions to new leadership, the Board also recognized the tremendous talent of each of the VCIA staff and the critical role that each will play in the organization’s continued success.The Board will outline a formal search process for the future president of VCIA during its June board meeting to be held in Burlington, VT.The VCIA is the largest captive insurance association in the world and is host to nearly 500 member companies. For updates on the search process or any other VCIA news go to www.vcia.com(link is external).Source: VCIAlast_img read more

Earners Alliance signs exclusive B2B deal with Lotto Warehouse

first_img Earners Alliance Ltd has signed an exclusive deal with lottery betting B2B provider Lotto Warehouse. The Malta-headquartered solution firm owns a number of leading gaming operations, including Casino Wilds, Betify, Loco Joker, Winner Resort and Slot Champ. They also specialise in white label solutions, offering their services to clients from across the globe. Lotto Warehouse CEO Thomas Biro says the new deal reveals how his company is now recognised as a leader in the lottery betting B2B market. Lottery letting has evolved over the course of the last 18 months or so from being a new and upcoming vertical to one that’s increasingly viewed as an essential component of any well-rounded igaming offering.“We are in an excellent position to offer an easy to integrate solution, creating margins that surpass those available in any other vertical. “Operators and other B2B providers are looking to us because they know that as a subsidiary of NYSE listed 500.com we are strong and reliable, while we also have serious expertise having powered lottery betting leader Multilotto’s platform for years.” Lotto Warehouse is the only provider to have both UK Gambling Commission and Malta Gaming Authority Class 4 licences. The company offers operators the chance to add a catalogue of the world’s biggest lottery betting products to their platforms, with all higher tier payouts protected by a jackpot coverage model. Submit Successful summer leaves Leadstar positive over industry’s recovery August 18, 2020 Share Gambling.com maintains momentum against COVID-19 impacts August 19, 2020 Share Related Articles UKGC data reveals ‘notable recovery’ for sports betting July 6, 2020 StumbleUponlast_img read more