Skycity CEO makes sudden resignation

Graeme Stephens will be replaced by COO Michael Ahearne.
Graeme Stephens will be replaced by COO Michael Ahearne.

The chief financial officer and marketing officer are also leaving the company.

New Zealand.- Skycity Entertainment Group has announced the unexpected resignation of its CEO Graeme Stephens.

The operator said Stephens’ resignation will be effective from November 30. He will be replaced by the current chief operating officer, Michael Ahearne.

Ahearne has been leading the group’s operations since December 2017, including the launch of its online casino last year.

Skycity chair Rob Campbell said: “On behalf of the SkyCity board, I acknowledge and thank Graeme for his leadership of the company since his appointment as chief executive officer in May 2017, in particular following the significant fire that broke out at the New Zealand International Convention Centre site in October 2019 and in managing the company’s response to a challenging business environment impacted by Covid-19.”

It’s not the only change in leadership. Rob Hamilton has resigned as chief financial officer and will step down on February 26, 2021. Chief marketing officer, Liza McNally, will step down on March 31. The reasons for the sudden departures were not revealed.

Local media said Stephens was not taking another role in the industry, Hamilton is to pursue other opportunities and McNally is relocating to Adelaide with her family.

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