Australian lotteries and wagering giant Tabcorp has appointed Adam Newman as its new chief financial officer, replacing Damien Johnston.
Mr Newman will commence the role in early October 2019.
Newman has been the CFO of ASX listed energy company AusNet since 2013 in the same role. His previous experience includes leadership roles at BlueScope in Australia and USA, said Tabcorp in a filing on Friday.
“Following an extensive search I am very pleased that Adam Newman will join Tabcorp as Chief Financial Officer,” said David Attenborough, CEO of Tabcorp. “Adam brings deep experience in finance and operations leadership roles in complex environments.”
“I would like to thank Damien Johnston, who has been CFO of Tabcorp since 2011. He will remain with the Company for a short period to ensure a smooth transition,” he added.