New look William Hill leadership confident of delivering successful ‘next chapter’ Ted Menmuir, SBC News · February 26, 2018 at 3:06 pm William Hill’s new leadership team is confident of delivering the FTSE bookmaker’s ‘next chapter’ having closed a group-wide transformative 2017. The bookmaker’s £238 million impairment charge on the value of its Australian business, dominated industry headlines last week, as William Hill Chief Executive Philip Bowcock presented full-year 2017 results. Despite the Australian downturn, Bowcock details to investors that William Hill has undertaken critical decisions through its transformation programme, which will ‘strengthen the organisation for the long-term’. Closing 2017 accounts, Bowcock states that William Hill has been successful at delivering its three strategic priorities in; ‘rejuvenating its digital enterprise, bolstering its omni-channel proposition and gaining significant growth within the US’. Further positives see the transformation programme deliver on its year1 target of generating £25 million in group cost savings, which William Hill governance believes can be further expanded to ‘£40 million annualised run rate’.