financetom
Business
financetom
/
Business
/
Australia's Star Entertainment appoints new CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Australia's Star Entertainment appoints new CEO
Jun 25, 2024 4:45 PM

(Reuters) - Australia's Star Entertainment Group said on Wednesday Steve McCann has been appointed as its group CEO and Managing Director, effective July 8.

McCann previously served as the group CEO and MD at Blackstone-owned casino operator Crown Resorts and was also part of the top brass at real estate developer LendLease Corporation.

He will take over from interim group chief financial officer Neale O'Connell, who was recently appointed as the acting CEO.

"I look forward to joining The Star at this critical time. I recognise that there are many complex issues and challenges for the company to address," McCann said.

The cash-strapped casino operator has come under pressure from regulatory inquiries, as it struggles to keep its gaming license at its Sydney casino.

Star has also seen a slew of management changes earlier this year, with Chairman David Foster being the last to exit, in April.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Biohaven Insider Bought Shares Worth $996,240, According to a Recent SEC Filing
Biohaven Insider Bought Shares Worth $996,240, According to a Recent SEC Filing
May 31, 2024
09:52 AM EDT, 05/31/2024 (MT Newswires) -- John W Childs, Director, on May 30, 2024, executed a purchase for 28,000 shares in Biohaven ( BHVN ) for $996,240. Following the Form 4 filing with the SEC, Childs has control over a total of 6,432,244 shares of the company, with 6,432,244 shares controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1935979/000156218024004529/xslF345X03/primarydocument.xml Price: 36.77, Change: +1.54,...
--Science Applications International Keeps Quarterly Dividend at $0.37 Per Share; Payable July 26 to Shareholders of Record on July 12
--Science Applications International Keeps Quarterly Dividend at $0.37 Per Share; Payable July 26 to Shareholders of Record on July 12
May 31, 2024
09:53 AM EDT, 05/31/2024 (MT Newswires) -- Price: 133.65, Change: +0.55, Percent Change: +0.41 ...
What's Going On With Sports Betting And Gambling Company Flutter Entertainment On Friday?
What's Going On With Sports Betting And Gambling Company Flutter Entertainment On Friday?
May 31, 2024
Flutter Entertainment Plc ( FLUT ) shares were trading lower in the premarket session on Friday after the company announced the immediate departure of CFO Paul Edgecliffe-Johnson, who will be replaced by Rob Coldrake. The stock has reversed the losses and is trading higher at the last check on Friday Coldrake, the CFO of Flutter’s international business since 2020, will...
Flex Acquires FreeFlow
Flex Acquires FreeFlow
May 31, 2024
09:52 AM EDT, 05/31/2024 (MT Newswires) -- Flex (FLEX) said Friday that it has acquired FreeFlow, which operates a digital marketplace platform for the sale of surplus and returned inventory. No financial details were disclosed. Flex said the acquisition expands its services and it plans to expand FreeFlow's digital circular economy tracking and reporting capabilities into additional industry segments and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved