Star Group appoints Foster and former Crown director, Ward, to its board

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Ward has expertise in business management, strategy, governance, risk and finance and broad industry experience spanning financial services, banking, insurance, technology, healthcare, government, education, tourism, and entertainment. Until recently, Ward served on the board at Crown Resorts, standing down in June this year following the completion of the takeover by Blackstone. She is also currently the chair of ecommerce group Redbubble and communication software provider Symbio Holdings.

Anne and David bring a relevant set of skills to our board at this important juncture. They have extensive experience in highly regulated industries, impressive backgrounds in risk and compliance, and invaluable leadership insights forged during their respective careers in law and banking.

Ward has worked in the financial services sector for over 25 years, including over five years as chief executive of Suncorp Bank. He has also served on boards across a range of industries including financial services, retail, government, education, and professional services. Currently, he holds directorships at a number of businesses including Bendigo and Adelaide Bank Ltd.

The double appointment of Anne and David comes after the parliament of New South Wales last week passed a bill creating a new land-based regulator for the state. This regulatory body will oversee the operations of Crown and Star as they recover from wide-ranging scandals around their operations. The new law outlines new requirements for the two casinos, including enhanced anti-money laundering checks and specific training expectations for staff.

Additionally, Star expects to post AUS$1.53bn in normalized revenue for its 2022 financial year, following a strong recovery domestically during the fourth quarter.

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