All posts tagged: restructures

Tony Blair’s consultancy doubles down on AI and restructures in Europe – POLITICO

Tony Blair’s consultancy doubles down on AI and restructures in Europe – POLITICO

Published by Sam Flores

The Tony Blair Institute, of which Blair is executive chairman, is “evolving” its “operating model as we focus on governing in the age of AI,” it said in a statement shared with POLITICO. The firm is preparing a restructuring that will also affect its Brussels office, which it set up in 2023. The consultancy is “conducting an ongoing organisational review to reshape and restructure,” the statement said in response to a report that it would cut staff as it pivots towards AI. The firm will keep a presence in the EU capital to support the work of Andreea Zugravu, a former McKinsey partner who was appointed managing director for Europe earlier this year, the statement said. Source link

Flutter restructures FanDuel leadership as Q1 revenue rises 17%

Flutter restructures FanDuel leadership as Q1 revenue rises 17%

Published by skeptic

Flutter Entertainment posted stronger first-quarter revenue growth Tuesday as the gambling company moved to tighten its focus on the U.S. business with a major management reshuffle centered around FanDuel. The company behind FanDuel, Paddy Power, Betfair and PokerStars said revenue climbed 17% during the opening three months of 2026. Growth was supported by recent acquisitions in Italy and Brazil, continued strength in online casino gaming and more favorable sports betting results than the same stretch last year. Net income declined as the company absorbed higher financing expenses and integration costs related to recent deals. Most of the attention, though, centered on leadership changes. Flutter said Dan Taylor, who currently runs the international division, will become president of Flutter Entertainment in a newly created role that gives him oversight of FanDuel while keeping his existing responsibilities. FanDuel president Christian Genetski will now oversee the broader U.S. operation. The reorganization follows the departure of FanDuel CEO Amy Howe, who had led the sportsbook operator since 2021. Chief Executive Peter Jackson said the company believes the new structure …