Massey Steps Down and Traynor Steps In as Director of Investor Relations at Paddy Power

Paddy Power has disclosed that Director of Investor Relations and Company Secretary, Jack Massey, has stepped down from for his position after a 9 year stint at the Irish Bookmaker.

After almost a decade of service, Paddy Power's Jack Massey is leaving behind his role as Director of Investor Relations and Company Secretary, in order to pursue academic and personal interests. The Irish bookmaking company, which operates under Irish gambling laws, has nominated Edward Traynor to take over.

Traynor was the Chief Financial Officer from 2006 until 2012, while Massey had taken over the role of CFO from 2006 to 2012 and was Company Secretary in October 2012. Now, Traynor, incoming group general counsel, will assume his role as Director of Investor Relations and Company Secretary after the conclusion of Paddy Power's Annual General Meeting scheduled for May 14.

Ivan Kelly, IR analysis manager, to work under McCarthy

Paddy Power's Chief Financial Officer, Cormac McCarthy, thanked Massey for his contribution to Paddy Power operations, including mobile betting which has become one of the biggest growth areas in the online betting company and said “We will be sorry to see Jack go in August. He has made a major contribution throughout his time with the group. I’d like to thank him and wish him well in his future plans.”

Massey is expected to leave in August. Paddy Power aims at providing punters with more platforms, events and markets for serie a betting for example. In its current Senior Management changes, Paddy Power has also assured the public that Ivan Kelly, the current Investor Relations Analysis Manager, will be staying on as part of the investor relations team, under CFO, McCarthy.