Meridian Holdings Inc. (NASDAQ: MRDN) announced a series of executive and board appointments on July 29, 2026, as part of a planned succession process aimed at strengthening the company's leadership for its next phase of international growth. The company, which develops and operates online gaming and e-commerce platforms, named Zoran Milosevic as Chief Executive Officer, William Scott as Chairman and Chief Financial Officer, and appointed Michael Prescott as an independent director.
Zoran Milosevic, who has led Meridianbet for more than 18 years, will now also serve as CEO of Meridian Holdings while continuing his role at Meridianbet. William Scott, who served as Interim CEO since late 2025, transitions to CFO while retaining his position as Chairman of the Board. Michael Prescott, a former General Counsel at GTECH and IGT, joins the board as an independent director and will serve on the Audit Committee.
The leadership changes are designed to align operating leadership, financial stewardship, and independent oversight with the company's strategic objectives. According to the press release, the board believes the new structure enhances executive accountability and positions Meridian Holdings to execute its long-term goals. The appointments follow the company's second-quarter 2026 results, which were released separately.
William Scott, Chairman and incoming CFO, 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."
Zoran Milosevic, CEO, commented: "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."
The appointments come as Meridian Holdings operates across more than 20 regulated international markets. The company's B2C division is led by Meridianbet Group, a sports betting and gaming operator founded in 2001, while its B2B division includes game developer Expanse Studios and iGaming platform GMAG. The company also owns RKings Competitions, MexPlay, and Classics for a Cause.
Michael Prescott brings extensive experience in global gaming, having served as General Counsel at GTECH and IGT and held partnership roles at major international law firms. His background in public company securities, cross-border M&A, and international gaming regulation is expected to strengthen the board's governance and compliance capabilities.
In connection with these changes, Rich Christensen, the company's CFO, will depart. The board thanked Christensen for his service.
For more information, visit www.meridian-holdings.com.
