Hirunews Logo
HiruNews
HiruNews
HiruNews
Billionaire+James+Packer+resigns+as+Crown+director
Monday, 21 December 2015 - 14:19
Billionaire James Packer resigns as Crown director
33,046

Views

Australian mogul James Packer resigned today from the day-to-day running of Crown Resorts but said he will remain involved with the global casino operator in a senior executive role.

The billionaire, who owns 53 percent of the Australian-based company, quit as director but will remain co-chairman of Macau-focused group Melco Crown Entertainment and Alon, the holding company for Crown's move into Las Vegas.

He said his decision followed Rob Rankin's appointment Crown chairman after Packer quit that position in August, as the tycoon spends an increasing amount of time overseas.

"I intend to devote my energies to a number of key development projects in Sydney, Melbourne and Las Vegas as well as Crown's online platforms," he said in a statement.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
732 Views
HiruNews
HiruNews
HiruNews
3,878 Views
HiruNews
HiruNews
HiruNews
4,460 Views
HiruNews
HiruNews
HiruNews
8,031 Views
HiruNews
HiruNews
HiruNews
122 Views
HiruNews
HiruNews
HiruNews
35,094 Views
Top