{"id":30307,"date":"2022-05-31T06:12:32","date_gmt":"2022-05-31T09:12:32","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30307"},"modified":"2026-04-23T08:14:36","modified_gmt":"2026-04-23T11:14:36","slug":"tabcorp-names-board-and-management-roles-ahead-of-spin-off","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/tabcorp-names-board-and-management-roles-ahead-of-spin-off","title":{"rendered":"Tabcorp names board and management roles ahead of spin-off"},"content":{"rendered":"\n

Adam Rytenskild will replace David Attenborough as CEO of Tabcorp.<\/p>\n\n\n\n\n\n\n\n

Australia.- Tabcorp has announced changes that will take place on the demerger of The Lottery Corporation Limited after the NSW Supreme Court approved the business’s spin-off proposal<\/a>.\u00a0Steven Gregg moves from chairman and non-executive director of Tabcorp\u00a0to become chairman and non-executive director of The Lottery Corporation.\u00a0Bruce Akhurst\u00a0<\/strong>will chair Tabcorb.\u00a0<\/p>\n\n\n\n

Meanwhile, Harry Boon and Anne Brennan leave the Tabcorp Board to assume positions as non-executive directors of The Lottery Corporation, which will be spun off from Tabcorp on June 1. <\/p>\n\n\n\n

David Attenborough has stepped down as Tabcorp\u2019s managing director and chief executive officer and will be replaced by Adam Rytenskild on June 1. Adam Newman has stepped down as chief financial officer of Tabcorp to take up the role of chief financial officer of The Lottery Corporation.\u00a0Daniel Renshaw will become Tabcorp’s chief financial officer.<\/p>\n\n\n\n

Brett Chenoweth, Raelene Murphy and Karen Stocks will be appointed as non-executive directors to Tabcorp’s board, subject to receipt of all necessary regulatory and ministerial approvals.\u00a0They will serve as observers to the board from June 1, 2022. <\/p>\n\n\n\n

Tabcorp first announced plans to spin off its lottery and keno divisions in July 2021<\/a> following a strategic review of its operations. The review examined Tabcorp\u2019s structure and ownership options to create more value for shareholders, including a possible sale of its gaming and media businesses. However, the group finally decided to spin off the lottery business.<\/p>\n","protected":false},"excerpt":{"rendered":"

Adam Rytenskild will replace David Attenborough as CEO of Tabcorp.<\/p>\n","protected":false},"author":176,"featured_media":17276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Tabcorp has finalized the demerger of The Lottery Corporation Limited, following NSW Supreme Court approval, effective June 1. This strategic restructuring involves significant board and executive leadership changes for both entities, including Adam Rytenskild replacing David Attenborough as Tabcorp's CEO. The move aims to unlock shareholder value by separating the lottery and keno divisions from the gaming and media businesses.","focusai_entities":"Tabcorp, The Lottery Corporation Limited, Adam Rytenskild, David Attenborough, Steven Gregg, Bruce Akhurst, Harry Boon, Anne Brennan, Adam Newman, Daniel Renshaw, Brett Chenoweth, Raelene Murphy, Karen Stocks","focusai_location":"Australia","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Post-Demerger Financial Forecasts?","query":"What are the projected post-demerger GGR and NGR forecasts for both Tabcorp and The Lottery Corporation, and how will this impact their respective capital allocation strategies and investor outlook?"},{"label":"Governance & Regulatory Impact?","query":"How will the new governance frameworks and leadership structures for Tabcorp and The Lottery Corporation ensure robust regulatory compliance and mitigate enterprise risk across their distinct gaming verticals?"}],"footnotes":""},"categories":[16336,157],"tags":[13716],"class_list":["post-30307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-tabcorp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=30307"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30307\/revisions"}],"predecessor-version":[{"id":30312,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30307\/revisions\/30312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17276"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}