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PokerStars late Monday confirmed that its CEO for nearly two years, Gabi Campos, has jumped ship following the exodus of a handful of other executives and poker pros who were part of the world’s largest online poker firm.
Officials from the company issued the following statement to the news media late Monday after reports first surfaced on Pokerati.com:
PokerStars announced today that Gabi Campos has decided to step down from his position as Chief Executive Officer, effective Feb. 1, 2012, to pursue other opportunities. The company thanks Gabi for his hard work and commitment and wishes him the best in all his future endeavors. A search for Gabi’s replacement is under way.
The story took on a strange twist when it was revealed that Campos had completely deleted any reference to his time at PokerStars on his Linkedin profile…that would be two years missing from his career.
To be fair, and because we understand Gambling911.com readers might be slightly worried over this situation giving what has transpired with the Full Tilt Poker delinquency, Stars has paid all its US customers following last April’s indictment of two company executives and the freezing of some company bank accounts. They continue to run a thriving business outside the US and remain the largest “real cash” online poker room in the world by a wide margin.
Unlike Full Tilt Poker, Stars essentially has not missed a beat since the indictment was handed down last April.
More Poker News Headlines Tuesday January 17, 2012 (Early Morning Edition)
Zynga CEO: Staff Stock Renegotiation ‘Probably Not a Good Idea’ - In an interview with the Wall Street Journal, Zynga CEO and founder Mark Pincus expressed regret over the renegotiating of stock compensation offers for employees prior to the world’s largest online poker company’s Initial Public Offering last month.
From GameBlogs.com:
"I realize that that wasn't a model that had been done in Silicon Valley, and we're always as a company trying to invent new models, and not all of them are worth keeping and repeating," Pincus told WSJ in response to whether renegotiating stock compensation offers with early employees was the right move. "That's never been a policy at our company, and probably I'd say in retrospect, given how much that blew up, and questioned traditions in the Valley, I think probably wasn't a good idea."
- Ace King, Gambling911.com
