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Saga CFO to join Irish gaming firm Paddy Power Betfair

Jonathan Hill, CFO of U.K. financial services group Saga Plc, is stepping down.

He will remain in his role until September, with the search for his successor beginning immediately.

Hill will take up the same post with Irish casinos and gaming company Paddy Power Betfair Plc in the autumn, replacing CFO Alex Gersh.