Outgoing Crown Resorts chair Helen Coonan has been replaced by NBN chair Ziggy Switkowski
Outgoing Crown Resorts chair Helen Coonan has been replaced at the helm of billionaire James Packer’s imperilled casino empire by former Telstra chief executive and respected company director Ziggy Switkowski.
At the age of 73, MrSwitkowski last year was a director of fellow gaming company Tabcorp.
Switkowski’s appointment to Chairman comes amid three separate royal commissions into the Crown Resort company’s affairs, the most recent of which is still unfolding in Perth.
#BREAKING |🚨 Australia's @CrownResorts has announced that Dr Ziggy Switkowski will replace Helen Coonan as Chairman of the company, subject to regulatory approval.
— Ticker (@tickerNEWSco) August 26, 2021
More to come. pic.twitter.com/4YwmvH7Ykh
Switkowski is currently the chair of the federal government-owned NBN Co
Mr Switkowski will be chair to Crown’s new chief executive Steve McCann, who is yet to receive probity clearance from Crown’s myriad regulators.
Switkowski as a former Tabcorp director has jumped through probity hoops before in both Victoria and NSW, which should speed up what has been a slow process of approval for other new Crown executives and directors.
The group is expected to reveal its annual results to the market on Monday.