Ian Bull, chief financial officer for Ladbrokes, is to leave his post in February 2016.
When Ladbrokes and Coral agreed to merge, it was announced that Paul Bowtell, Coral's CFO, would become finance director of the new combined business.
Bull, who joined Ladbrokes as CFO in July 2011, makes way but will stay in position until the announcement of the 2015 full year results scheduled for the end of February 2016.
Ladbrokes chairman Peter Erskine said: “Ian has worked tirelessly through what have been challenging times and has helped steer Ladbrokes to this exciting point in its journey.
“At the time of announcement of the proposed merger with Coral, we announced that Ian would be stepping down as Ladbrokes CFO and Ian has recently informed the board that he wished to leave Ladbrokes on completion of the annual accounts, in order to pursue other potential opportunities.”
