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. The changes are effective immediately.
Zoran Milosevic, who has 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 served as Interim Chief Executive Officer since late 2025, will transition to Chief Financial Officer while continuing 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.
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."
Milosevic has led Meridianbet for more than 18 years, overseeing its development into the principal operating business and primary growth 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. 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, having served as General Counsel at GTECH and IGT, and held partnership roles at major international law firms.
The Board believes the new leadership structure enhances executive accountability, strengthens corporate governance, and positions Meridian Holdings to execute its long-term strategic objectives. These appointments follow the Company's second-quarter 2026 results, released separately, and reflect its continued focus on disciplined execution, governance, and sustainable long-term growth. Meridian Holdings, headquartered in Las Vegas, Nevada, is an established B2B and B2C gaming technology group operating across 20+ international regulated markets, with its B2C division led by Meridianbet Group. For more information, visit www.meridian-holdings.com.
