Breaking news

OPAP Cyprus Announces New CEO And Board Of Directors

by THEFUTURE.TEAM

August 5, 2024

OPAP Cyprus has appointed Alexandros Davos as the new CEO, effective immediately. Davos joined the company in June 2023 as General Commercial Director and took on managerial responsibilities in January 2024, significantly contributing to the company’s operations.

Alongside this appointment, OPAP Cyprus has restructured its Board of Directors, welcoming new members to support the company’s future endeavours, particularly following the recent 15-year concession agreement with the Cypriot government. The board now includes Kamil Ziegler as President and members Jan Karas, Maki Georgiou, Christos Pitta, Fotis Zisimopoulos, Elias Katsaros, Petros Xarchakos, and Panos Gavriil.

In his new role, Davos is expected to drive strategic initiatives and leverage his commercial expertise to further enhance OPAP Cyprus’ market position. The company’s decision to refresh its leadership team reflects a broader strategy to adapt to evolving market conditions and regulatory environments.

The company expressed gratitude to the outgoing board members, Charalambos Christou and Isidoros Makridis, for their dedicated service and contributions. Their tenure saw substantial developments within OPAP Cyprus, setting a solid foundation for the new leadership to build upon.

This leadership transition comes at a pivotal time for OPAP Cyprus as it navigates the complexities of the gaming industry and seeks to expand its footprint within the region. The new board members bring a wealth of experience and a diverse set of skills that are anticipated to drive innovation and operational excellence.

As OPAP Cyprus embarks on this new chapter, the company’s stakeholders and market observers will be keenly watching how these changes will influence its strategic direction and performance in the competitive gaming sector.

The appointment of Davos and the refreshed board is a strategic move designed to align the company with its long-term goals, ensuring sustainable growth and continued success in the Cypriot market.

Devastating Hollywood Fires Cause Delay In Oscar Nominations

by THEFUTURE.TEAM

January 15, 2025

The ongoing wildfires in California, which have ravaged much of Hollywood, have forced the Academy of Motion Picture Arts and Sciences to delay the announcement of the 2024 Oscar nominations. The nominations, originally scheduled for January 16, will now be announced on Thursday, January 23.

Key Facts

The Oscar nominations voting period has been extended to Friday, January 17, moving from the original deadline of Sunday, January 12.
The 97th Academy Awards ceremony will still take place on March 2 at the Dolby Theatre.
The nominations will be announced live on YouTube.
Academy CEO Bill Kramer and President Janet Young explained in a joint statement that the extension and change in schedule were necessary due to the ongoing fires and their impact on the Los Angeles community. They expressed solidarity with those affected and emphasized the need to accommodate the region’s infrastructure and housing challenges.

Accent

The fires, including the massive Palisades Fire, which has burned over 23,000 acres, continue to ravage the Los Angeles area. The fires have claimed at least 24 lives, and 23 people are still missing. Authorities have evacuated over 90,000 residents.

Tactical Impact

The devastating fires have also led to the postponement of other major industry events. The Writers Guild of America delayed the announcement of its nominations, which were originally set for January 9. The Critics’ Choice Awards, originally scheduled for January 12, have been rescheduled to January 26.

Despite the devastation, the Academy remains committed to supporting the industry and its members during this challenging time.