Donaco appoints new CEO and board members

Donaco appoints new CEO and board members

Lee Bug Huy, former casino vice president at Star Vegas Casino & Resorts, has been appointed CEO.

Australia.- Donaco International has appointed a new CEO as well as other members to its board of directors.

Lee Bug Huy had been named chief executive officer, effective immediately. He replaces Paul Arbuckle, who finally departed the company last August.

Huy was previously casino vice president at Star Vegas Casino & Resorts, which was acquired by Donaco.

The company said: “Mr Huy has extensive experience in gaming and casino management having been Vice President at the Casino at Star Vegas Casino & Resorts Co, and responsible for developing the model for the slot machine business.”

Lee Bug Huy said he will work to bring the operators’ casinos back to full operations following the pandemic.

He said: “We will continue to execute our pragmatic cost control strategy while keeping the market updated with future developments.”

Huy will remain on the board as an executive director.

Donaco has also appointed Andrew Phillips and Issaraya Intrapaiboon as additional independent non-executive directors.

It has also appointed non-executive director Paul Porntat Amatavivadhana -founder and CEO of Bangkok-based corporate advisory firm Infinite Capital- as a non-executive chairman.

Non-executive chairman Mel Ashton and non-executive director Simon Vertullo have resigned from the board.

Paul Porntat Amatavivadhana commented: “We are focusing on our strategy to move forward and build Donaco to its highest potential. I would also like to thank Mel and Simon for their efforts and contribution to Donaco, having both been dedicated board members providing counsel to senior management during the challenging times of Covid-19.”

He added: “We are also extremely pleased by the appointment of Lee Bug Huy as our new CEO, who brings considerable expertise in the casino and gaming industries.

“Lee is highly regarded in the gaming and leisure industry, and we are confident his experience and drive will lead Donaco forward once the casinos will be fully operational, and we welcome him to his new role.”

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australia business Donaco