Ladbrokes' Bell buoyed by record profits surge

A summer of trading encouraged by the football World Cup, and record first-half profits, saw Ladbrokes' Chris Bell scoring highly in PRWeek's latest CEO Watch.

Bell also took a prominent stance on sports minister ­Richard Caborn's intention to reprieve the horseracing levy, warning that government plans to remove the bookmakers' annual £100m contribution to horseracing could damage the industries.

‘BAE Systems' Mike Turner was another star performer in August,' said table compiler Romeike senior analyst Andrea Allegra.

BAE signed a deal to sell 72 Eurofighter planes to Saudi Arabia. But Allegra said Turner ‘did not hide his frustration at the MoD's slow consolidation in the maritime industry'.

Meanwhile, Cadbury Schweppes' Todd Stitzer continued to suffer after his company's salmonella scare, which resulted in a product recall earlier this year.

Although Stitzer said Cadbury was ‘truly sorry' for the incident, Allegra predicted that the firm will suffer for months to come.

Last month, the bottom spot was held by ITV's outgoing boss Charles Allen, who in August tried to deflect scrutiny from the channel's poor year by attacking rival Channel 4. Although his tactics worked, Allen suffered last month as a result of ITV's continuing struggle with ratings and revenue.

CEO Watch will help to determine the PRCA/­Romeike Business Communicator of the Year Award in November.

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