Tabcorp unveils new executive team
Wagering giant’s new 11-person exec team includes eight Tabcorp staffers, with Tatts merger set for completion tomorrow
Tabcorp today unveiled a new 11-person executive leadership team as the wagering giant’s impending merger with Tatts Group is set to be completed tomorrow.
Eight of the new team are originally from Tabcorp, including chief executive David Attenborough, chief financial officer Damien Johnston and wagering and media MD Adam Rytenskild.
There are three Tatts execs joining the newly merged $11bn powerhouse leadership team; MD of lotteries and Keno, Sue van der Merwe, MD of gaming services Frank Makryllos and new CIO Mandy Ross.
Ross replaces Kim Wenn, who left the position after 14 years at Tabcorp, although departing execs will remain with the group into 2018 to support the initial integration phase.
Tabcorp CEO David Attenborough said: “Tabcorp’s new executive leadership team brings together executives from both Tabcorp and Tatts. I am very pleased to have such a strong team in place from day one as we enter a new era for these two great companies.
“The combination has created a world-class, diversified gambling entertainment group and our new exec team, together with our more than 5000 people, will work to deliver the material benefits the combination is expected to create for shareholders, the racing industry, business partners, customers and governments.
“I’d like to take this opportunity to express our deep appreciation to the executives who are departing the organisation due to the combination becoming effective. Each has contributed to the strength of Tabcorp and Tatts and has helped set us up with a great platform for growth.”
The merger should be completed on 22 December despite recent resistance from operators and regulators due to the newly-formed organisation’s potential monopoly on the Australian market.