Meridian Holdings Inc. (NASDAQ: MRDN), an international developer, licensor, and global operator of online gaming and e-commerce platforms, announced a series of executive and Board appointments following a Board-led succession process. The new structure aligns operating leadership, financial stewardship and independent oversight with the Company's planned next phase of disciplined execution and international growth.
Zoran Milosevic, who has successfully led Meridianbet for more than 18 years, has been appointed Chief Executive Officer of Meridian Holdings. He will continue to serve as Chief Executive Officer of Meridianbet. William Scott, who has served as Interim Chief Executive Officer since late 2025, will transition to Chief Financial Officer while continuing to serve as Chairman of the Board. Michael Prescott has been appointed as an Independent Director and will serve on the Audit Committee, further strengthening the Board's governance, regulatory and public company oversight capabilities. In connection with these changes, Rich Christensen, the Company's Chief Financial Officer, will leave the Company. The Board thanked Mr. Christensen for his service and contributions.
Milosevic has led Meridianbet for more than 18 years, overseeing its development into the principal operating business of Meridian Holdings and the primary growth and revenue driver of the group. Prior to Meridianbet, he held public governance roles in Serbia, including service on the Board of the National Lottery and as a Member of the Serbian National Assembly. Scott is a South African Chartered Accountant with more than 35 years of experience in financial management, capital markets and regulated industries. During his tenure as Interim Chief Executive Officer, he worked to strengthen the Company's operational and financial foundations. As Chief Financial Officer, he will focus on financial reporting, capital allocation, financial discipline and investor engagement while continuing his Board leadership. His background includes senior roles at GTECH / Lottomatica and board positions at Ithuba, South Africa's National Lottery. Prescott brings extensive experience in the global gaming industry. He previously served as General Counsel at GTECH and IGT and has held partnership roles at major international law firms. His background spans public company securities, cross-border M&A and international gaming regulation.
William Scott, Chairman and incoming Chief Financial Officer, said: "Over the past seven months, we have worked to strengthen the operational and financial foundations of the Company and reinforce the balance sheet. This leadership structure change gives Zoran clear accountability for day-to-day execution while I focus on financial stewardship, capital allocation and Board leadership. Michael's appointment adds valuable independent expertise and further strengthens our governance and audit oversight." Zoran Milosevic, Chief Executive Officer, said: "Meridian has built a strong operating platform over many years. My priority is to build on that foundation, bring the same operating discipline that has driven Meridianbet's performance to the broader Company group, strengthen our position across regulated markets and create long-term value for shareholders. I look forward to working with William, Michael and the entire team as we work to execute the next stage of Meridian's growth."
The Board believes the new leadership structure enhances executive accountability, strengthens corporate governance and positions Meridian Holdings (NASDAQ: MRDN) to execute its long-term strategic objectives. These appointments follow the Company's second-quarter 2026 results, released separately today, and reflect its continued focus on disciplined execution, governance and sustainable long-term growth. Meridian Holdings is headquartered in Las Vegas, Nevada, and operates across 20+ international regulated markets. The Company’s B2C division is led by Meridianbet Group, a leading online sports betting and gaming operator founded in 2001 and licensed across Europe, Africa, and South America. Meridian’s B2B division - comprising game developer Expanse Studios and iGaming platform GMAG - develops, licenses, and distributes proprietary gaming technology to a global client base. Additional subsidiaries include RKings Competitions, MexPlay, and Classics for a Cause. More information is available at www.meridian-holdings.com.
