PartyGaming boss quits after two years
5 Mar 2008
LONDON, England -- As reported by The Times: "PartyGaming, the world's biggest online gamer brought low by the US ban on internet gambling, said it would begin the hunt for a new chief executive after Mitch Garber revealed plans to take his family back to North America next year.
"PartyGaming shares dropped more than 5 per cent to 26p.
"...The operator of the PartyPoker website said it had hired headhunters to review both internal and external candidates for Mr Garber's job after the Canadian-born executive told the board of his intention to leave.
"...Mr Garber said there was 'never a good time to announce that you intend to leave a company', but he said he was leaving PartyGaming in good shape..."