Steve McCann Announced as Star Entertainment’s New CEO and MD
Steve McCann has been appointed as the new Group Chief Executive Officer (CEO) and Managing Director (MD) of The Star Entertainment Group.
The Star announces new plans for Steve McCann to become Chief Executive Officer.
LISTEN TO THIS ARTICLE:The company announced that while he will be officially joining on 8 July, he will not be able to assume his new duties until regulatory approval has been granted by both New South Wales and Queensland authorities.
This regulatory approval process is crucial to ensure compliance with state-specific corporate governance and gambling regulations. The Star Entertainment Group is confident in McCann’s leadership abilities and looks forward to the strategic vision and direction he will bring to the company once all formalities are completed.
Experience in the Australian Casino Industry
McCann has prior experience working for Australia’s casino industry. In 2021, he was the CEO and MD of Crown Resorts, which may well prove to have provided him with invaluable experience. He also worked as Group CEO and MD of the real estate development and fund management group Lendlease for more than a decade.
The Chairperson of The Star, Anne Ward, welcomed McCann’s appointment and said that she believes he is the right man for the job.
Given his time with Crown and previous long-standing leadership at Lendlease, he has the right credentials to lead The Star’s remediation program. His track record reflects his capability to work collaboratively with multiple stakeholders and lead meaningful transformational change and cultural renewal. This experience will be invaluable as we work towards rebuilding trust and expediting the sustainable transformation of The Star.
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Prepared for the Challenge Ahead
Speaking about his appointment, McCann expressed his anticipation and enthusiasm for joining The Star. He acknowledged that it is a "critical time" for the company, with "many complex issues and challenges" that need to be addressed. McCann emphasized his commitment to collaborating with the company board and all other stakeholders.
His goal is to "drive change, restore confidence, and achieve a sustainable resolution" for The Star. McCann's focus is on ensuring that the company navigates through its current challenges effectively and emerges stronger, meeting the expectations of all its stakeholders while building a robust foundation for future success.
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