Demetriou quits Crown, CEO holding on

iTVGoggles Home Forums WideView 3D+ Demetriou quits Crown, CEO holding on

  • This topic is empty.
Viewing 0 reply threads
  • Author
    Posts
    • #48040 Reply
      lanoraflinn
      Guest

      <p>Former AFL chief Andrew Demetriou is the latest to step down from the Crown Resorts board but chief executive Ken Barton has not yet resigned.</p> <p>Crown Resorts in a statement on Friday confirmed the departure of Mr Demetriou after a scathing NSW review of the casino giant.</p> <p>But Mr Barton is “continuing to consider his position”.</p> <p>Mr Barton looked set to become the fourth director to head for the exit on Thursday, with reports – denied by Crown – that he agreed to step down after meeting with company chair Helen Coonan.</p> <p>Mr Demetriou tendered his resignation on Thursday “to give Crown the best possible chance of becoming suitable to the NSW regulator”.</p> <p>”In taking this decision I believe the comments directed at me in the report are unfair and unjust and I will defend my reputation at every opportunity,” he said.</p> <p>Mr Barton and 카지노사이트 Mr Demetriou would both have to leave the company for it to have a chance of keeping the licence for its Sydney casino, the NSW Independent Liquor 카지노사이트 & Gaming Authority chair suggested on Thursday.</p> <p>ILGA chair Philip Crawford said on Thursday it was “obvious” from reading a damning inquiry report Mr Barton and Mr Demetriou needed to exit.</p> <p>The report from Commissioner Patricia Bergin this week found Crown was not currently fit to run the new casino at Sydney’s Barangaroo.</p> <p>It singled out Mr Barton and Mr Demetriou for particular criticism.</p> <p>Mr Demetriou was sprung reading from notes in the witness box when quizzed about corporate governance and company culture.</p> <p>He initially denied he had been reading from a script but Ms Bergin found the text of his notes were nearly identical to the words in his answer.</p> <p>She described his performance as “most unedifying” and “quite bizarre”.</p> <p>Ms Coonan on Thursday promised “root and branch” changes to satisfy the ILGA Crown could be trusted to run the casino after Ms Bergin found the company facilitated money laundering.</p> <p>Mr Crawford wants the company to make changes quickly, 우리카지노 flagging that Crown Sydney’s liquor licences are set to expire in April.</p> <p>The ILGA board will meet to discuss the report on Friday.</p> <p>Mr Crawford also welcomed the departure of directors Guy Jalland and 카지노사이트 Michael Johnston from the Crown board on Wednesday.</p></div>

      <!– ad: website –>

Viewing 0 reply threads
Reply To: Demetriou quits Crown, CEO holding on
Your information: