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Paddy Power Betfair CFO to depart

Responding to media speculation related to its CFO succession plan, Irish casinos and gaming company Paddy Power Betfair PLC confirmed in a March 5 regulatory filing that CFO Alex Gersh plans to step down from his position after the company appoints a suitable successor.

Gersh has been with Paddy Power Betfair for six years.

The company's board has enlisted an executive search firm to help find a successor.