Tabcorp appoints Gillon McLachlan as CEO, stock rises 1.5%

From Investing.com: 2024-06-17 01:40:21

Australian gambling firm Tabcorp Holdings appoints former AFL boss Gillon McLachlan as CEO amid strategic transformation and heightened competition. Stock rises 1.5% after biggest intraday fall in three weeks. McLachlan to receive A$1.5 million annual remuneration. Company optimistic about growth opportunities under new leadership. McLachlan joins Tabcorp on Aug. 5 pending regulatory approvals.



Read more at Investing.com: Australia’s Tabcorp appoints former AFL boss Gillon McLachlan as CEO By Reuters