{"id":777001136,"date":"2022-12-16T13:07:04","date_gmt":"2022-12-16T16:07:04","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777001136"},"modified":"2026-04-23T01:58:03","modified_gmt":"2026-04-23T04:58:03","slug":"the-star-entertainment-group-confirms-board-renewals","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-star-entertainment-group-confirms-board-renewals","title":{"rendered":"The Star Entertainment Group confirms board renewals"},"content":{"rendered":"\n

David Foster has joined The Star Board as an independent non-executive director.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Star Entertainment Group<\/strong> has announced in a company filing that David Foster <\/strong>has been appointed as an independent non-executive director following regulatory approval. The company had named Foster to the position together with Anne Ward<\/strong> in August<\/a>. <\/p>\n\n\n\n

Foster worked for more than 25 years in the financial services sector, including over five years as chief executive officer of Suncorp Bank until 2013. Katie Lahey will stand down from the board effective Friday, December 30. <\/p>\n\n\n\n

Interim chair Benjamin Heap <\/strong>said \u201cKatie has made a significant contribution as a Director of The Star for the past nine years, including as Chair of the People, Remuneration and Social Responsibility Committee. The Board thanks Katie for her dedication to the role and wishes her well in her future endeavours.<\/p>\n\n\n\n

\u201cWe also welcome David to the Board. He brings a breadth of experience, and highly relevant expertise, that will be instrumental as The Star seeks to return to suitability in Queensland and NSW.\u201d<\/p>\n\n\n\n

ASIC starts civil proceedings against Star Entertainment executives<\/h2>\n\n\n\n

The Australian Securities and Investments Commission<\/strong> (ASIC) has commenced Federal Court civil penalty proceedings<\/a> against 11 current and former board members of The Star<\/strong>. It says they breached their duties under the Corporations Act by approving an expanded relationship with individuals with reported criminal links and failing to address money laundering risks.<\/p>\n\n\n\n

ASIC is taking action against members of the Star\u2019s board between 2017 and 2019: John O Neill (former chair), Matthias Bekier (former CEO), Kathleen Lahey, Richard Sheppard, Gerard Bradley, Sally Pitkin, Benjamin Heap and Zlatko Todorcevski.<\/p>\n","protected":false},"excerpt":{"rendered":"

David Foster has joined The Star Board as an independent non-executive director.<\/p>\n","protected":false},"author":176,"featured_media":26456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Star Entertainment Group has appointed David Foster as an independent non-executive director following regulatory approval, while Katie Lahey steps down. This board change occurs amidst ongoing civil proceedings by ASIC against current and former Star board members for alleged breaches related to criminal links and money laundering risks, underscoring the company's efforts to return to regulatory suitability.","focusai_entities":"David Foster, The Star Board, The Star Entertainment Group, Anne Ward, Suncorp Bank, Katie Lahey, Benjamin Heap, ASIC, Australian Securities and Investments Commission, John O Neill, Matthias Bekier, Kathleen Lahey, Richard Sheppard, Gerard Bradley, Sally Pitkin, Zlatko Todorcevski","focusai_location":"Australia, Queensland, NSW","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.97), operator_casino (0.9), payments_fraud_aml (0.85), investor_analyst (0.93), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Star's Suitability?","query":"How will David Foster's appointment and the ongoing ASIC proceedings influence The Star's timeline and strategy for achieving regulatory 'suitability' in Queensland and NSW?"},{"label":"Governance Framework Evolution?","query":"What specific enhancements to The Star's governance frameworks and internal controls are anticipated following these board changes and in response to ASIC's allegations regarding AML and criminal links?"}],"footnotes":""},"categories":[16336,157],"tags":[23871],"class_list":["post-777001136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001136","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=777001136"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001136\/revisions"}],"predecessor-version":[{"id":777001150,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001136\/revisions\/777001150"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26456"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}