{"id":777036105,"date":"2025-12-16T07:47:46","date_gmt":"2025-12-16T10:47:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777036105"},"modified":"2026-04-21T15:57:08","modified_gmt":"2026-04-21T18:57:08","slug":"the-star-entertainment-group-ceo-steve-mccann-to-step-down","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-star-entertainment-group-ceo-steve-mccann-to-step-down","title":{"rendered":"The Star Entertainment Group CEO Steve McCann steps down"},"content":{"rendered":"\n

Bruce Mathieson Jr will serve as executive chairman until a new chief executive is found.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Star Entertainment Group has announced the departure of chief executive officer and managing director Steve McCann, effective today (December 16). Bruce Mathieson Jr will take up additional responsibilities as executive chairman while a search is made for a new permanent CEO.<\/p>\n\n\n\n

McCann, who took up the post in July 2024 during a period of heightened regulatory scrutiny and financial pressure, has agreed to remain available through to July 8, 2026.<\/p>\n\n\n\n

In a statement released to the Australian Securities Exchange (ASX), Mathieson Jr praised McCann\u2019s tenure, highlighting his role in stabilising the business during one of the most challenging periods in its history. <\/p>\n\n\n\n

He said: \u201cSteve joined at a time of crisis for The Star and has helped to deliver a critical financial reset for the business and successfully progressed our Remediation Plan, which have laid the foundations for
The Star\u2019s long-term future success.\u201d<\/p>\n\n\n\n

McCann said: \u201cThe strategic investment by Bally\u2019s Corporation<\/a> and Investment Holdings Pty Ltd provides an opportunity for The Star to move in a new direction and pursue a pathway to recovery and future growth. Now is the right time for new leadership to be put in place with the experience and passion to build on that momentum and take The Star forward.\u201d<\/p>\n\n\n

\n
\"\"
Steve McCann.<\/figcaption><\/figure>\n<\/div>\n\n\n

Earlier this month, The Star Entertainment Group announced a series of board changes<\/a> after the approval of Bally\u2019s AU$300m (US$193m) investment. Bally\u2019s chairman Soo Kim and president George Papanier have been named as directors, while The Star\u2019s chairman, Anne Ward and non-executive director Deborah Page AM have resigned.<\/p>\n\n\n\n

Bruce Mathieson Jr, whose family\u2019s Investment Holdings is a key stakeholder, was elected as the new chairman., Peter Hodgson was appointed interim chair of the Audit Committee, and Eirene Garnsey was named an additional company secretary. <\/p>\n\n\n\n


<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Bally\u2019s to take control of Star Entertainment after regulatory green light<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Bruce Mathieson Jr will serve as executive chairman until a new chief executive is found.<\/p>\n","protected":false},"author":226,"featured_media":13704,"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's CEO and MD, Steve McCann, has departed, with Bruce Mathieson Jr assuming executive chairman duties during the search for a new CEO. This leadership transition follows a significant strategic investment by Bally's Corporation and Investment Holdings Pty Ltd, which has also led to substantial board restructuring at The Star. McCann is credited with stabilizing the business amidst heightened regulatory scrutiny and progressing its Remediation Plan.","focusai_entities":"The Star Entertainment Group, Steve McCann, Bruce Mathieson Jr, Bally's Corporation, Investment Holdings Pty Ltd, Soo Kim, George Papanier, Anne Ward, Deborah Page AM, Peter Hodgson, Eirene Garnsey, Australian Securities Exchange (ASX)","focusai_location":"Australia","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Star's post-McCann strategic direction?","query":"What is the anticipated strategic direction for The Star Entertainment Group under the interim executive chairman and the influence of Bally's Corporation's investment, particularly concerning its remediation plan and market positioning?"},{"label":"Impact of Bally's investment?","query":"How will Bally's Corporation's strategic investment and board representation influence The Star's operational governance, capital allocation, and regulatory compliance framework moving forward?"}],"footnotes":""},"categories":[16336,157],"tags":[24826,24920],"class_list":["post-777036105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-business","tag-the-star-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036105","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=777036105"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036105\/revisions"}],"predecessor-version":[{"id":777036119,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036105\/revisions\/777036119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13704"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}