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SkyCity Entertainment Group CEO Michael Ahearne to depart

ASX News, Consumer Discretionary
ASX:SKC      MCAP $992.0M
16 October 2023 16:51 (AEDT)

Source: SkyCity Entertainment Group

SkyCity Entertainment Group (ASX:SKC) has announced the resignation of Michael Ahearne as CEO at the end of March 2024.

The Group reported that the move is to return to Europe with his family.

Mr Ahearne joined SkyCity in December 2017 as Group Chief Operating Officer and later took on the position of CEO in November 2020.

“Michael has led the business through a very complex and demanding period… he also led significant investment and improvements in SkyCity’s compliance functions.” SkyCity Chair Julian Cook said.

“Michael has worked hard to set a strong platform for the business going forward and has been tireless in seeking to do the right thing for SkyCity. On behalf of myself and the SkyCity Board, I would like to thank Michael for his leadership, commitment and dedication through his time with SkyCity.”

SkyCity has commenced the search for a new CEO through a recruitment process that includes both internal and external candidates.

SKC last traded at $1.82.

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