Bruce Mathieson Jnr to take over duties as search for new CEO begins
The Star Entertainment Group has announced that Steve McCann will be leaving The Star and will cease his role as Group CEO and Managing Director effective from 16 December 2025.
Mr Bruce Mathieson Jnr will take on additional duties as Executive Chair while a search for a permanent CEO is conducted. Mr McCann has agreed to remain available to assist the Company through a handover period in relation to government and regulator interaction until 8 July 2026.
Mr Mathieson Jnr said: “On behalf of the Board I want to thank Steve for his strong leadership and hard work during one of the most complex and challenging periods for The Star. Steve joined at a time of crisis for The Star and has helped to deliver a critical financial reset for the business and successfully progressed our Remediation Plan, which have laid the foundations for The Star’s long-term future success. We wish him well in his next endeavours.”
Mr McCann said: “The strategic investment by Bally’s Corporation and Investment Holdings Pty Ltd provides an opportunity for The Star to move in a new direction and pursue a pathway to recovery and future growth. Now is the right time for new leadership to be put in place with the experience and passion to build on that momentum and take The Star forward. I want to thank our 8,000-strong workforce for their commitment and resilience throughout a challenging period. Their dedication has been central to safeguarding the business and positioning it for its next chapter.”
The move follows sweeping changes to the officeholders of The Star that were made during a meeting of the Board, following Bally Corps’ investment.
Soo Kim and George Papanier were appointed to the Board of The Star as nominees of
Bally’s Corporation. The Star’s Chairman, Ms Anne Ward, has resigned as a director of The Star. Non-Executive Director, Ms Deborah Page AM, has resigned as a director of The Star. Bruce Mathieson Jnr has been elected Chairman of the Board of The Star. Peter Hodgson has been appointed as interim Chair of The Star’s Audit Committee; and Eirene Garnsey has been appointed as an additional Company Secretary of The Star.
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Bruce Mathieson Jnr to take over duties as search for new CEO begins The Star Entertainment Group has announced that Steve McCann will be leaving The Star and will cease his role as Group CEO and Managing Director effective from 16 December 2025. Mr Bruce Mathieson Jnr will take on additional duties as Executive Chair…
The post The Star confirms departure of Steve McCann as CEO appeared first on G3 Newswire.