{"id":450,"date":"2024-06-26T22:22:23","date_gmt":"2024-06-26T19:22:23","guid":{"rendered":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/star-entertainment-appoints-new-chairman\/"},"modified":"2024-06-26T22:22:23","modified_gmt":"2024-06-26T19:22:23","slug":"star-entertainment-appoints-new-chairman","status":"publish","type":"post","link":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/26\/star-entertainment-appoints-new-chairman\/","title":{"rendered":"Star Entertainment Appoints New Chairman"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/GOZA2sVR4JY\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Star Entertainment Group has declared that David Foster will assume the position of the company&#8217;s new leader, succeeding outgoing chairman Ben Heap.<\/p>\n<p>Foster joined the Star Entertainment Group&#8217;s board as a non-executive director in August of the previous year. Before this appointment, he accumulated over two and a half decades of experience in the financial services sector, including a period of over five years as the chief executive officer of Suncorp Bank.<\/p>\n<p>Foster is scheduled to officially commence his new role on March 31st, contingent upon receiving the required regulatory authorizations.<\/p>\n<p>Heap assumed the role of chairman last June, following a period as interim chairman, succeeding Matt Bekier&#8217;s term as managing director and chief executive officer.<\/p>\n<p>However, Star Entertainment Group disclosed in December that Heap would be relinquishing his position. This announcement followed the Australian Securities and Investments Commission (ASIC) including Heap on a list of current and former directors and former executives who would face civil legal proceedings.<\/p>\n<p>These legal cases pertain to section 180(1) of the Corporations Act 2001 (Cth), which stipulates that company officers &#8220;must exercise their powers and fulfill their responsibilities with care and diligence.&#8221; <\/p>\n<p>The Australian Securities and Investments Commission (ASIC) declared the action was linked to the results of an inquiry into Star Entertainment&#8217;s activities in New South Wales and Queensland. Both regions recently concluded that Star Entertainment was not appropriate to possess a casino operating permit and subsequently revoked its licenses.<\/p>\n<p>&#8220;I express gratitude to the board and management team for their assistance during my tenure as chairman,&#8221; stated Ship. &#8220;I am confident that Star Entertainment will be a significant force in the Australian tourism and entertainment sector for years to come, employing numerous individuals in prime locations in Sydney, Brisbane and the Gold Coast.&#8221;<\/p>\n<p>Foster added: &#8220;Ben has played a crucial role during this challenging period for Star Entertainment. He provided leadership and stability at a critical juncture, including overseeing the selection of a new chief executive, the renewal of the board and the reorganization of the balance sheet.<\/p>\n<p>&#8220;These were all essential foundational steps that are now finished and the company is reconstructing, moving towards a thrilling new period. I am pleased to assume the position of chairman and we will remain steadfast in our commitment to regaining the confidence of the public.&#8221;<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Star Entertainment Group has declared that David Foster will assume the position of the company&#8217;s new leader, succeeding outgoing chairman Ben Heap. Foster joined the Star Entertainment Group&#8217;s board as a non-executive director in August of the previous year. Before this appointment, he accumulated over two and a half decades of experience in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Star Entertainment Group Appoints New Chairman<\/title>\n<meta name=\"description\" content=\"David Foster, former Suncorp Bank CEO, takes the helm at Star Entertainment Group, succeeding Ben Heap. 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