Aristocrat chairman Blackburne to step down in Feb

Aristocrat Leisure Ltd has announced the stepping down of its chairman, Dr. Ian Blackburne, effective February 21, 2019.

In his place, Aristocrat has appointed current non-executive director Mr. Neil Chatfield to succeed Dr. Blackburne as chairman of the company when the time comes.

According to a filing from Aristocrat to the ASX, Dr. Blackburne has been a member of the Aristocrat Board since 2009, and chairman since 2010.

Speaking of Neil, Dr Blackburne said he was “delighted to have an individual of Neil’s calibre to succeed me as chairman.

“Neil’s depth of experience across some of Australia’s most successful and dynamic growth companies will be extremely valuable to the  Board and broader organization going forward.”

On his appointment, Mr. Chatfield said: “I look forward to working closely with my fellow directors and the management team  to ensure we continue to unlock Aristocrat’s exciting growth opportunities across both land-based and digital markets globally.”

Mr. Chatfield joined the Aristocrat board in February 2018. In addition to his role at Aristocrat, Mr. Chatfield is the non-executive chairman of Costa  Group and non-executive director of Transurban Group.

He is the outgoing non-executive chairman of Seek Ltd.., and was previously chair of Virgin Australia and a non-executive director of Recall Holdings and Iron Mountain Inc.

He has over 40 years of experience in global business, with particular expertise in using innovation and technology to drive long-term sustainable growth, according to the filing.

SHARE
Previous articlePAC-MAN Cash Chase
Next articleMCO Philippines defers privatization tender offer

Related Articles

SG appoints former Aristocrat execs to board after investor changes

SG appoints former Aristocrat execs to board after investor changes

Scientific Games said it has appointed former Aristocrat CEO Jamie Odell as its executive chair and former Chief Financial Officer Toni Korsanos as executive vice chair in a boardroom reshuffle after a change in shareholders.
slot-machines

More player space on casino floors likely to become permanent

The increased space for players on gaming floors due to Covid-19 has been welcomed by clients and is likely to be a trend that is here to stay, executives from three of the world’s largest suppliers said on a panel at the Australasian Gaming Expo seminars.

Aristocrat sees movement in digital as land revenues hit by Covid-19

Aristocrat Leisure on Thursday announced its financial results for the six months ended March 31. Group revenue increased 7 percent to A$2.25 billion (US$1.5 billion), which included a 6 percent decrease in land-based revenues, but 19 percent growth in digital revenue, based on year-on-year figures. EBITDA fell 7.7 percent to A$707.6 million. The company statement […]

Aristocrat prices new US$500 million loan facility

Australia-listed Aristocrat Leisure on Monday announced the pricing of a new US$500 million term loan, with the aim of strengthening the group’s liquidity and balance sheet. The company made the announcement on the Australian Stock Exchange on Monday, noting that the Term Loan B facility will settle around 21 May 2020, with a maturity date […]

Aristocrat stands down, lays off a total of 1,200 employees

Aristocrat Leisure announced on Monday that it would be standing down approximately 1,000 of its roughly 4,000 staff members, principally in its land-based sales, service, and manufacturing operations, and furthermore laying off about 200 staff “reflecting changed priorities.” The company statement explained, “Since mid-March 2020, almost all of Aristocrat’s land-based customers globally have suspended operations. […]

Aristocrat teams with CoD Manila in food delivery

Aristocrat Entertainment said it has partnered with Melco Resorts & Entertainment’s City of Dreams Manila to donate food packages to medics.

Aristocrat may have acquisition opportunities: JPM

Aristocrat Entertainment is likely to emerge from the current crisis with a larger land-based footprint in the medium-term and may be well placed to expand through acquisitions of weaker rivals, JP Morgan said in a note.

Next-gen Concepts

Aristocrat Technologies will display one of its broadest and most comprehensive ranges of core casino concepts at London’s ICE Show, spanning a mixture of proven, enhanced and brand new game mechanics across a wider than ever range of hardware platforms.  The 2020 collection on stand S5-150 in ExCeL’s South Hall provides a unique insight into […]

Regional growth and room to experiment are Philippine pluses

 inaugural G2E Asia @ the Philippines wrapped up on Wednesday, with suppliers at the show expressing optimism about future growth in the country, in particular regionally and the potential for product experimentation.  The two-day conference and exhibition was smaller in size than its sister shows in Las Vegas and Macau, but made up for it […]

Aristocrat profit up 28.8 pct on digital and land-based business

Gaming machine manufacturer Aristocrat Leisure delivered on profit growth for the year ended September 30, 2019, boosted by the group recent digital acquisitions, along with growth in its land-based segment.  According to a company filing on Wednesday, profit after tax increased 28.8 percent year-on-year, reaching A$698.8 million, while revenue grew 25.3 percent, reaching A$4.4 billion. […]