The Star Entertainment Group has confirmed it has received all necessary regulatory approvals regarding the appointment of Steve McCann as its Group Chief Executive Officer and Managing Director.
As a result, McCann has now formally begun his new role, after being initially announced as the Australian casino operator’s next Group CEO and Managing Director earlier this year in June.
McCann will be replacing Acting Group CEO Neale O’Connell and Chair Anne Ward, who both had been taking on additional responsibilities at The Star until a permanent Group CEO and Managing Director was found.
“I am very pleased to be working closely with Steve McCann and to formally welcome him as Group Chief Executive Officer and Managing Director at this critical time for The Star,” commented Ward.
Although he is stepping down from the Acting CEO position, O’Connell will continue to serve as The Star’s interim Group Chief Financial officer until a permanent Group CFO is appointed. The operator also thanked O’Connell for his work as Acting CEO.
With more than 28 years of executive experience, McCann previously worked as Crown Resorts’ CEO and Managing Director, in addition to spending over a decade as Group CEO of Lendlease, a real estate development and investment group.
At the time of the initial announcement of his appointment, McCann said: “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.
“I am committed to working with the board and the various stakeholders to help drive change, restore confidence and achieve a sustainable resolution.”
