Meridian Holdings Inc. (NASDAQ: MRDN) has announced a significant restructuring of its executive and board leadership, positioning the company for its next phase of disciplined execution and international growth. The changes, effective immediately, follow a board-led succession process and align operating leadership, financial stewardship, and independent oversight with the company's strategic objectives.
Zoran Milosevic, who has led Meridianbet for more than 18 years, has been appointed Chief Executive Officer of Meridian Holdings while continuing as CEO of Meridianbet. William Scott, who served as Interim CEO since late 2025, transitions to Chief Financial Officer while retaining his role as Chairman of the Board. Michael Prescott has joined as an Independent Director and will serve on the Audit Committee, strengthening governance and regulatory oversight.
The appointments come as the company seeks to build on its strong operating platform and expand across regulated markets. Milosevic brings deep operational experience, having overseen Meridianbet's development into the principal growth driver of the group. Scott, a South African Chartered Accountant with over 35 years of experience in financial management and regulated industries, will focus on financial reporting, capital allocation, and investor engagement. Prescott, former General Counsel at GTECH and IGT, adds expertise in public company securities, cross-border M&A, and international gaming regulation.
In connection with these changes, Rich Christensen, the company's Chief Financial Officer, will depart. The board thanked Christensen for his service.
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 added, "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 leadership changes follow the company's second-quarter 2026 results and reflect its focus on disciplined execution and sustainable growth. Meridian Holdings operates across more than 20 regulated markets globally through its B2C division, led by Meridianbet Group, and its B2B division, which includes Expanse Studios and GMAG. 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.
