{"id":777028223,"date":"2025-06-24T08:18:19","date_gmt":"2025-06-24T11:18:19","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028223"},"modified":"2026-04-21T21:37:29","modified_gmt":"2026-04-22T00:37:29","slug":"star-entertainment-group-announces-executive-appointments","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/star-entertainment-group-announces-executive-appointments","title":{"rendered":"Star Entertainment Group announces executive appointments"},"content":{"rendered":"\n<p>The appointments are part of a strategy to meet regulatory suitability standards.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- The <strong>Star Entertainment Group<\/strong> has announced a series of executive management and subsidiary director appointments as part of a restructuring effort to strengthen governance and leadership across its properties.<\/p>\n\n\n\n<p>Subject to approvals, <strong>Jennifer Cronin<\/strong> has been appointed as interim chief executive officer (CEO) for a maximum term of 12 months while The Star continues its search for a permanent CEO. The company has also appointed <strong>Rowena Craze<\/strong> as group chief risk officer. Craze joined The Star in April 2024 as group chief audit officer. <\/p>\n\n\n\n<p>Other appointments include <strong>Patrick McGlinchey <\/strong>as group chief legal officer, <strong>Sarah Derry <\/strong>as chief people officer, effective July 1, and <strong>Peter Meliniotis<\/strong> as group chief information officer.<\/p>\n\n\n\n<p>As part of its decentralisation plan, Star has also named <strong>Helen Galloway<\/strong> as incoming independent chair of The Star Sydney, the licensee for its Sydney operations. The appointment is pending regulatory and ministerial approvals. Galloway is currently serving as an observer on the subsidiary board.<\/p>\n\n\n\n<p><a href=\"https:\/\/focusgn.com\/asia-pacific\/the-star-entertainment-group-steve-mccann-formally-begins-as-ceo\" target=\"_blank\" rel=\"noreferrer noopener\">Steve McCann<\/a>, Group CEO and Managing Director commented: \u201cI am pleased to finalise these key appointments for The Star. These appointments add to the depth of experience and talent at the Board and executive level and are a key step in The Star\u2019s progress to suitability.\u201d<\/p>\n\n\n\n<p>Last month, <strong>Star Entertainment Group&nbsp;<\/strong>reported <a href=\"https:\/\/focusgn.com\/asia-pacific\/star-entertainment-group-revenue-continues-to-fall-in-q3\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/star-entertainment-group-revenue-continues-to-fall-in-q3\" target=\"_blank\" rel=\"noreferrer noopener\">net revenue of AU$271m (US$173.8.)<\/a> for the third quarter of the financial year 2025.&nbsp;Revenue was down 9 per cent&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/the-star-entertainment-group-posts-net-revenue-of-us271-5m-for-q3\" target=\"_blank\" rel=\"noreferrer noopener\">sequentially<\/a>&nbsp;and 35.35 per cent in year-on-year terms. Earnings before interest, taxes, depreciation and amortisation (EBITDA) were negative AU$21m (US$13.4m) compared to negative AU$8m (US$5.1m) in the previous quarter.&nbsp;<\/p>\n\n\n\n<p>In April, the casino operator announced that its largest shareholder,&nbsp;the Mathieson family\u2019s&nbsp;<strong>Investment Holdings<\/strong>, had subscribed for AU$100m (US$60.5m) as part of a new&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/the-star-agrees-us180-2m-deal-with-ballys-corporation\" target=\"_blank\" rel=\"noreferrer noopener\">AU$300m financing agreement with&nbsp;Bally\u2019s Corporation<\/a>. The move will reduce a new investment from Bally\u2019s to AU$200m (US$121m).<\/p>\n\n\n\n<p><br><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/1686570820agreement-900x600-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/dean-shannon-steps-down-as-ceo-of-entain-australia-and-new-zealand'>Dean Shannon steps down as CEO of Entain Australia and New Zealand<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The appointments are part of a strategy to meet regulatory suitability standards.<\/p>\n","protected":false},"author":226,"featured_media":11605,"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 announced a series of executive and subsidiary director appointments, including an interim CEO and new Group Chief Risk and Legal Officers, as part of a strategic restructuring to strengthen governance and meet regulatory suitability standards. These leadership changes coincide with the company's Q3 FY25 financial results and a significant AU$300m financing agreement involving Bally's Corporation.","focusai_entities":"The Star Entertainment Group, Jennifer Cronin, Rowena Craze, Patrick McGlinchey, Sarah Derry, Peter Meliniotis, Helen Galloway, Steve McCann, Mathieson family\u2019s Investment Holdings, Bally\u2019s Corporation, Entain Australia and New Zealand, Dean Shannon","focusai_location":"Australia, Sydney","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.95), operator_casino (0.9), tech_data (0.75), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Impact","query":"What specific regulatory suitability benchmarks must The Star Entertainment Group achieve, and what is the projected timeline for full compliance and approval of these new appointments?"},{"label":"Capital Structure","query":"How does the AU$300m financing agreement, particularly the revised contributions from Bally's Corporation and Mathieson family's Investment Holdings, impact The Star's long-term capital structure and debt covenants?"}],"footnotes":""},"categories":[16336,157,158],"tags":[29,24619,225,24103],"class_list":["post-777028223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","category-slider-home","tag-casino","tag-finance","tag-legislation","tag-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028223","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028223"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028223\/revisions"}],"predecessor-version":[{"id":777028243,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028223\/revisions\/777028243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11605"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}