OPAP names new CEO as Greece, Cyprus betting shops reopen

Greek lottery and betting operator OPAP has named a new temporary CEO just as its retail betting shops in Greece and Cyprus begin to reopen.

On Thursday, OPAP announced that its chief commercial officer Jan Karas will assume the role of acting CEO on June 1. Karas, who was only just named CCO in February, will take over from Damian Cope, who in April announced his intention to step down from the CEO role at the conclusion of his four-year contract. The search for Cope’s permanent replacement is ongoing.

In the meantime, Karas (pictured) will handle all of Cope’s current duties except human resources, which have been assigned to deputy CEO Odysseas Christoforou. Both execs will report to executive chairman Kamil Ziegler, whose role won’t be changing amid the reshuffle.

Ziegler said he was looking forward to working with the realigned management team, while thanking Cope for his “significant contribution to OPAP’s progress and results.”