Hillman ends NetEnt tenure following Evolution acquisition
3rd March 2021
| By Robin Harrison
NetEnt chief executive Therese Hillman has officially left the business as planned, following the slots specialist’s acquisition by Evolution, with operational finance chief Lara Falzon also departing.
Hillman’s departure was announced in December last year after the SEK19.6bn (£1.67bn/€1.93bn/$2.33bn) acquisition was finalised, when Evolution began a “total reorganisation” of the supplier.
This drive, which aims to reduce annual costs by around €30m per year, which was originally set to result in 300 layoffs at NetEnt.
However, an industrial dispute raised by the General Workers’ Union for Malta (GWU), reduced this number by 40, and saw improved settlement offers being granted to the laid-off staff.