Carruthers takes over at Crown

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A new CEO has been appointed at the troubled Crown Resorts in Australia. He is Ciarán Carruthers, who takes over from Steve McCann.

McCann was CEO of both Crown Resorts and of its Crown Melbourne venue. Carruthers’ role will begin in September and his appointment is for the principal company only. Steve McCann will work with Carruthers in the transitory period.

More appointments, including a CEO at Crown Melbourne and at Crown Perth will be announced in due course.

McCann has been CEO since June of last year and has overseen an organisational and management restructure, including a comprehensive culture change at the group. He has also achieved approval for Crown Sydney to commence gaming operations, plus the sale of the business to equity group Blackstone.

Carruthers has more than 30 years of experience in the gaming and hospitality business. He is leaving Wynn Macau to take over at Crown. At Wynn he oversaw operations, including gaming. Previously he was a senior executive at The Venetian and Plaza operations for Sands China.

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New owner Blackstone commented through head of real estate Australia Chris Tynan: “Blackstone is committed to investing in Crown, helping it realise its true potential as a world-class leader in travel and leisure. Part of that involves bringing in global expertise to complement the existing skills within the business. Ciarán Carruthers is a highly experienced and respected industry veteran who shares our commitment to continuing the transformation at Crown and delivering an exceptional experience for all visitors.”

Other key board appointments made are Bill McBeath as chairman of Crown Resorts Ltd. He was recently CEO of The Cosmopolitan, Las Vegas, and John Borghetti as chairman of Crown Sydney. He has eight years’ experience as CEO and managing director of Virgin Australia.

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