Paddy Power Names McCue Chief Executive Designate

Andy McCue (at left w/ current CEO Patrick Kennedy) will take over the reins at Dublin-based Paddy Power plc online betting firm, effective January 1, 2015. Currently McCue is managing director, retail UK and Ireland at Paddy Power, where he has worked for eight years. He also is responsible for regulatory and public affairs.

Andy McCue recently was been named chief executive designate and a director of the online betting firm Paddy Power plc. Currently managing director, retail UK and Ireland, McCue has worked at the Dublin-based company for eight years, with additional responsibility for regulatory and public affairs. He has been a member of the Paddy Power Management Committee since 2009 and also leads the group’s online and retail multi-channel strategy.

McCue will succeed Patrick Kennedy, Paddy Power’s current chief executive, on January 1st 2015. Patrick announced plans to step down from the position in May. McCue stated, “I am very excited to be taking on the leadership of Paddy Power. Patrick has transformed the business over the last 10 years, strongly positioning us in attractive markets, which are delivering good payback. We have a tremendous team and I very much look forward to working with them to build on that success by continuing to engage customers with the best value, product and brand.”

Nigel Northridge, chairman of Paddy Power plc, said McCue “has an outstanding track record and has consistently demonstrated strong leadership across the business as a key member of the management committee and in his role driving the regulatory agenda. Andy is the ideal leader to drive Paddy Power’s next phase of growth.” Patrick Kennedy, chief executive added, “The future of Paddy Power is in excellent hands.”