Meridian Holdings Inc. (NASDAQ: MRDN), an international developer and operator of online gaming and e-commerce platforms, announced a series of executive and board appointments designed to support its next phase of global expansion. The changes follow a board-led succession process and aim to align operating leadership, financial stewardship, and independent oversight with the company's strategic objectives.
Zoran Milosevic, who has led Meridianbet for over 18 years, has been appointed Chief Executive Officer of Meridian Holdings. He will continue to serve as CEO of Meridianbet. William Scott, who served as Interim CEO since late 2025, transitions to Chief Financial Officer while remaining Chairman of the Board. Michael Prescott has been appointed as an Independent Director and will serve on the Audit Committee, enhancing governance and regulatory oversight. Rich Christensen, the previous CFO, is departing; the board thanked him for his contributions.
Milosevic's extensive experience includes overseeing Meridianbet's development into the principal operating business and primary growth driver of Meridian Holdings. Prior to Meridianbet, he held public governance roles in Serbia, including service on the National Lottery Board and as a Member of the Serbian National Assembly. Scott is a South African Chartered Accountant with over 35 years of experience in financial management, capital markets, and regulated industries. During his tenure as Interim CEO, he worked to strengthen the company's operational and financial foundations. Prescott brings deep global gaming industry experience, having previously served as General Counsel at GTECH and IGT and held partnership roles at major international law firms. His background includes public company securities, cross-border M&A, and international gaming regulation.
William Scott commented: "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 stated: "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."
Meridian Holdings operates across more than 20 regulated international markets. Its B2C division is led by Meridianbet Group, a sports betting and gaming operator founded in 2001 and licensed in Europe, Africa, and South America. The B2B division includes game developer Expanse Studios and iGaming platform GMAG. Additional subsidiaries include RKings Competitions in the UK, MexPlay in Mexico, and Classics for a Cause in Australia. The company's software automatically declines gaming or redemption requests originating in the United States, in compliance with U.S. law. For more information, visit www.meridian-holdings.com.
The board believes the new structure enhances executive accountability and positions the company to execute its long-term strategic objectives, following the release of second-quarter 2026 results and reflecting a focus on disciplined execution, governance, and sustainable growth.
