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IG Group names Breon Corcoran as new CEO

IG Group has today named Breon Corcoran as its new CEO
IG Group has today named Breon Corcoran as its new CEO

British online trading platform IG Group has today named former Flutter Entertainment boss Breon Corcoran as its new chief executive officer, effective from January.

Breon Corocoran, 52, had led the 2016 merger of Betfair and Paddy Power to form the world's largest online gaming company, now called Flutter, where he served as CEO until 2018.

The Irishman was also the chief executive at payments firm WorldRemit until 2022 and currently serves as the non-executive chair at Auction Technology Group.

Current chief financial officer and interim-CEO Charlie Rozes will remain in both roles until Corcoran takes over, at which point he will continue as Group CFO, the company said.

IG's CEO of five years, June Felix, stepped down from the role in August for health reasons. CFO Rozes took the role in interim.