Breon Corcoran

Breon Thomas Corcoran (born July 1971) is an Irish businessman, and the chief executive officer (CEO) of WorldRemit and a non-executive director of Tilney Investment Management Services and Bestinvest, both part of the Tilney Group. He was CEO of Paddy Power Betfair from February 2016 to January 2018.[1]

Breon Corcoran
Born
Breon Thomas Corcoran

July 1971 (age 48–49)
Mullingar, Ireland
NationalityIrish
EducationTrinity College Dublin
INSEAD
OccupationBusinessman
Board member ofTilney Group[1]
Betfair Australasia
Spouse(s)Married
Children3

Early life

Breon Thomas Corcoran was born in July 1971,[2] in Mullingar, Ireland in 1971.[3] He has a degree in Mathematics from Trinity College Dublin and an MBA from INSEAD.[1]

Career

He worked for JP Morgan and Bankers Trust, before joining bookmakers Paddy Power in April 2001 with responsibility for developing the non-retail business, becoming a board director in 2004, and rising to COO in August 2010. He joined Betfair as CEO in August 2012.[1]

In June 2015, Corcoran was appointed as a non-executive director of Tilney Group.[4]

In 2016, he sold part of his share package in Betfair for an estimated £4.1 million.[5]

In August 2017, Corcoran announced he was stepping down as CEO of Paddy Power Betfair,[6] he was succeeded in January 2018 by Peter Jackson.[7]

In October 2018, Corcoran joined WorldRemit as their CEO. [8]

Corcoran is a supporter of early-stage businesses and amongst other investments is a seed investor in SKUvantage, Australia's leading product content solutions provider.


Personal life

Corcoran is married with three children and lives in Barnes, London.[3]

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References
  1. "Executive Profile | Breon Corcoran". Bloomberg. Retrieved 21 September 2018.
  2. "Betfair Group plc". Companies House. Retrieved 30 November 2015.
  3. Chris Blackhurst (6 March 2015). "Breon Corcoran: For the Betfair boss, a good Cheltenham is a safe bet". Evening Standard. Retrieved 17 June 2015.
  4. "Tilney Bestinvest announces the appointment of John Tiner and Breon Corcoran as Non-Executive Directors". Tilney Group. 1 June 2015.
  5. "Breon Corcoran's £4.1m share sale means the pints are on him this St. Paddy's". CalvinAyre.com. 16 March 2016. Retrieved 5 July 2016.
  6. Dominic Coyle (7 August 2017). "Paddy Power shares hit as CEO Breon Corcoran steps down". The Irish Times.
  7. Jon Yeomans; Bradley Gerrard (7 August 2017). "Paddy Power Betfair takes a punt on Worldpay boss as new CEO". The Daily Telegraph.
  8. "WorldRemit brings in former Paddy Power boss as CEO". sky News. 22 October 2018.
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