SYDNEY: The Star Entertainment Group Limited (ASX: SGR) announced the appointment of Mr Steve McCann as its Group Chief Executive Officer and Managing Director (Group CEO and MD).

Mr McCann will join The Star on 8 July 2024, noting that commencement of his duties and responsibilities as Group CEO and MD are subject to receipt of necessary regulatory approvals.

Mr McCann is a highly experienced global executive who has held numerous key leadership roles during his executive career over the past 28 years, including in gaming, leisure and real estate. His most recent role as Chief Executive Officer and Managing Director at Crown Resorts Limited (Crown) saw him lead Crown through significant reform of its operations and culture. Prior to that, he spent more than a decade serving as Group Chief Executive Officer of real estate development and investment group, Lendlease Corporation Limited (Lendlease). Before joining Lendlease in 2005, Mr McCann worked in senior leadership roles at ABN AMRO and Bankers Trust.

Chairman of The Star, Anne Ward, said: “Following a comprehensive search process, the Board is very pleased to have secured a CEO of Steve’s calibre, experience and respect in the market. 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.

Steve McCann said: “I look forward to joining The Star at this critical time. I recognise that there are many complex issues and challenges for the company to address. I am committed to working with the Board and the various stakeholders to help drive change, restore confidence and achieve a sustainable resolution.”