Rank Group appoints interim CFO

Rank Group has announced the appointment of Cliff Baty as the company’s new interim chief financial officer (CFO).

The move, which is effective from next week (23 February), will also see Baty join the gambling group’s executive committee.

Baty has previously been the CFO of Manchester United, a position he held for eight years between 2016 and 2024. Prior to that, he was CFO of Sportech from 2013 to 2016, an appointment which followed an eight-year period as financial director of Ladbrokes.

A statement from Rank said: “Cliff is a highly experienced CFO with deep expertise in strategic and financial planning, investor relations, financial controls, international business operations, and stakeholder management, built across listed leisure and gaming businesses.”

Rank, which owns several gambling brands in the UK including Mecca Bingo and Grosvenor Casinos, last month announced a 6% jump in net gaming revenue to £420m for the H1 period of its current financial year.

The FTSE 250 company also reported a statutory group operating profit of £31.3m, a figure down from £35.2m in H1 the previous year, which it said was impacted by a £6.5m loss as a result of payment fraud in its Spanish businesses.



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