Carter has over 40 years of experience in various industries in both the public and private sectors. He was involved in the expansion development at SkyCity Adelaide during his time at SkyCity. Carter also served as a director at global railroad operator Genesee and Wyoming Inc until its acquisition by Brookfield. He spent 14 years with Ernst & Young, working in the US, UK, Canada, and Hong Kong. Currently, Carter holds positions as the chair of the Australian Submarine Corporation and Aventus Capital, as well as directorships with the Bank of Queensland and AIG Australia.
Crown’s executive chairman, Helen Coonan, stated that Carter brings a valuable combination of commercial, governance, and gaming sector expertise, and is highly respected for his contributions to corporate and government roles in Australia. Coonan considers Carter’s appointment to the board as an endorsement of Crown’s strategy, ambition, and commitment to reform. Carter expressed his excitement to be part of Crown’s journey towards implementing high standards of governance and contributing to the important changes required for the organization.
In related news, John Horvath will retire as a director on 14 April. This announcement follows private equity group Blackstone Group’s offer of AUS$8.02bn (£4.45bn/€5.14bn/US$6.192n) to acquire the remaining shares in Crown. Blackstone has proposed to purchase 90.1% of shares it does not currently own at AUD$11.85 per share. Crown has undergone changes in its board, including the resignation of chief executive Ken Barton and directors Guy Jalland, Michael Johnston, and Andrew Demetriou, as well as general counsel and company secretary Mary Manos, after a review deemed Crown “unsuitable” for a casino license in Sydney.
