Breon Thomas Corcoran (born July 1971) is an Irish businessman, and the CEO of WorldRemit and a non-executive director of Tilney Investment Management Services and

Bestinvest Bestinvest is an investment and a financial coaching company based in London. It provides execution-only investment services predominantly to private investors, as well as financial planning, investment management and investment advisory servic ...

, both part of the Tilney Group. He was CEO of

Paddy Power Betfair Flutter Entertainment plc (formerly Paddy Power Betfair plc) is an Irish gambling holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. It is listed on the London Stock Exchange, and is a ...

from February 2016 to January 2018.

Early life

Breon Thomas Corcoran was born in July 1971, in Mullingar, Ireland in 1971. He has a degree in Mathematics from Trinity College Dublin and an MBA from INSEAD.

Career

He worked for JP Morgan and

Bankers Trust Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corpor ...

, before joining bookmakers Paddy Power in April 2001 with responsibility for developing the non-retail business, becoming a board director in 2004, and rising to COO in August 2010. He joined Betfair as CEO in August 2012. In June 2015, Corcoran was appointed as a non-executive director of Tilney Group. In 2016, he sold part of his share package in Betfair for an estimated £4.1 million. In August 2017, Corcoran announced he was stepping down as CEO of Paddy Power Betfair, he was succeeded in January 2018 by

Peter Jackson Sir Peter Robert Jackson (born 31 October 1961) is a New Zealand film director, screenwriter and producer. He is best known as the director, writer and producer of the ''Lord of the Rings'' trilogy (2001–2003) and the ''Hobbit'' trilogy ( ...

. In October 2018, Corcoran joined WorldRemit as their CEO. On 8 February 2021, British digital auction platform Auction Technology Group (ATG), chaired by Corcoran, announced plans to float in the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

in March 2021. The listing is expected to value ATG at £600 million, and the firm said it is hoping to raise £250 million through the

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

Personal life

Corcoran is married with three children and lives in Barnes, London.

References

{{DEFAULTSORT:Corcoran, Breon Living people 1971 births People from Mullingar Alumni of Trinity College Dublin INSEAD alumni Irish chief executives