Meridian Holdings Inc. (NASDAQ: MRDN) announced a leadership restructuring on July 29, 2026, appointing Zoran Milosevic as Chief Executive Officer, William Scott as Chairman and Chief Financial Officer, and Michael Prescott as an independent director. The changes follow a Board-led succession process and aim to align operating leadership, financial stewardship, and independent oversight with the company's next phase of disciplined execution and international growth.
Milosevic, who has led Meridianbet for over 18 years, will continue as CEO of Meridianbet while taking the helm of Meridian Holdings. His experience includes public governance roles in Serbia, including service on the National Lottery Board. Scott, who served as Interim CEO since late 2025, transitions to CFO while retaining his Board chairmanship. He brings more than 35 years of financial management experience from GTECH/Lottomatica and Ithuba. Prescott, a former General Counsel at GTECH and IGT, strengthens the Board's governance and regulatory expertise.
The Board emphasized that the new structure enhances executive accountability and positions Meridian to execute its long-term strategic objectives. Scott stated, "This leadership structure change gives Zoran clear accountability for day-to-day execution while I focus on financial stewardship, capital allocation and Board leadership." Milosevic added, "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 follow Meridian's second-quarter 2026 results and reflect its focus on disciplined execution, governance, and sustainable growth. Meridian Holdings operates B2B and B2C gaming technology across 20+ regulated markets, with subsidiaries including Meridianbet, Expanse Studios, GMAG, RKings Competitions, MexPlay, and Classics for a Cause. The company's software automatically declines U.S. gaming requests in compliance with U.S. law. More information is available at www.meridian-holdings.com.
