Crown Resorts Appoints New Board Members
Crown Resort has recently added two female appointees to their board of directors. The casino gambling company has hired the former secretary of Australian Department of Finance, Jane Halton, and Toni Korsanos, serving currently as chief finance of Aristocrat. Korsanos will only join Crown Resorts once her duties for her current company have been fulfilled. While Halton will join the board straight away. Both women will be serving as non-executive directors.
The decision comes after Crown Resorts decided to focus their business on Australian assets and reduce their business dealings in Macau.
Troubled Crown Resorts Business
Since late last year, Crown Resorts has been having some troubles with their business. It first started when some of its employees were arrested and convicted in China for promoting gambling to Chinese high rollers.
In a more recent case, Crown Resorts is accused of tampering with pokies machines at their Melbourne casino. There have been former employees of the casino who have come forth to report the going on of pokies tampering.
After the China incident, James Parker, who had stepped down from the board of directors, returned to deal with the fallout. To bring more stability to the business, the casino company decide to sell their Melco Crown Entertainment stake to focus on Australia. This joint venture had operations in Manila and Macau.
More on the Appointments
Jane Halton has many years working in the public service sector. According to John Alexander, Crown Resorts executive chairman, Halton will support the company with her experience in risk management, finance, public policy, information technology and human resources.
As for Toni Korsanos, she will bring her knowledge and expertise in the gaming industry primarily in the regulatory compliance, technology, risk management, finance, and strategy.
Crown Resorts will have a total of three women serving on the board of directors. The two women will join Helen Coonan who is the former NSW Liberal Senator.