David Yu
Encyclopedia
David Yu is the chief executive officer of Internet betting exchange Betfair
.
Yu studied computer science at UC Berkeley and Stanford.
Yu moved to London from California in 2000 at the behest of his employer Alta Vista. He became chief technology officer of Betfair in 2001. He was promoted to the position of CEO in January 2006 during a turbulent time for the company that saw the shakeup of the positions of CEO and Chairman with Sir Robert Horton
being forced out as Chairman. As an IT
guy, Yu's promotion to the helm was unusual.
He took the company public on the London Stock Exchange
in October 2010.
Betfair
Betfair is the world's largest Internet betting exchange. The company is based in Hammersmith in West London, England. Since Betfair was launched in June 2000 it has become the largest online betting company in the UK and the largest betting exchange in the world. Betfair claim to have over 3...
.
Yu studied computer science at UC Berkeley and Stanford.
Yu moved to London from California in 2000 at the behest of his employer Alta Vista. He became chief technology officer of Betfair in 2001. He was promoted to the position of CEO in January 2006 during a turbulent time for the company that saw the shakeup of the positions of CEO and Chairman with Sir Robert Horton
Robert Horton
Sir Robert Horton, FRSA is a British businessman. He is a Director of the European Advisory Council and of Emerson Electric Company. He spent 30 years working for BP, formerly British Petroleum. He became Chief Executive and Chairman of the Board of BP in March 1990, but was forced out in 1992...
being forced out as Chairman. As an IT
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
guy, Yu's promotion to the helm was unusual.
He took the company public on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in October 2010.