The issuance of a market statement has confirmed the inbound selection of Anne Brennan as corporate non-executive director by the management of Australia’s ASX-listed gaming company Tabcorp Holdings.
Tabcorp Governance is waiting for the requisite regulatory and ministerial approval to update stakeholders to approve Brennan’s appointment, with the executive expected to serve as Tabcorp Governance Advisor from February of next year.
Brennan is the former Chief Financial Officer of Australia ASX Building Materials Supplier CSR, a specialist in corporate finance and designing successful fiscal strategies for large-scale international companies.
Brennan serves as Finance Director of Coates Group’s digital retail solutions provider and as a senior partner for KPMG and Ernest & Young’s’ big 4′ auditors.
Tabcorp chair Paula Dwyer said: “Anne is a highly regarded and experienced public company director with broad industry experience, including in gambling entertainment.
“Anne’s strong commercial judgement, and extensive professional experience in audit, corporate finance and transaction services will be valuable to Tabcorp. We look forward to welcoming her to the Tabcorp board.”
Trading at Lacklustre 2019 saw Tabcorp shareholders question corporate governance and management in the corporate performance of the company following its $11 billion AUS merger with Tatts Group’s main business competitor.
In response to criticism, Tabcorp Governance pointed out that an expanded group will deliver investor value in year-2 of its post-merger integrations targeting cost savings of AUS $130 to $145 million by 2021.