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Crown Resorts has kept moving forward with its turnaround plan, announcing the appointment of Craig Durham as group secretary and legal counsel, as well as Anne Ward as a new independent non-executive director to the board.
Durham will join the firm on October 4, 2021, pending regulatory permissions, with Alan McGregor serving as acting company secretary in the meanwhile.
Crown’s interim chair, Jane Halton, said: “Craig is an accomplished and experienced ASX listed company secretary, lawyer and governance professional with qualifications in Australia and the United States, and on behalf of the board of directors and management, we welcome Craig to Crown.”
Ward will also join the Crown board of directors as an independent non-executive director as soon as all relevant regulatory permissions are received.
An agent for positive change
Ward noted: “Crown has been an integral part of my home town Melbourne for many years and I am excited about the opportunity to make a contribution to the board as Crown shapes its future.
“I look forward to joining the board as an agent for positive change and I am committed to supporting management in implementing the reform program and driving value for shareholders.”
Ward is a seasoned company director with experience in financial services, technology, healthcare, government, education, and tourism, as well as business management, strategy, governance, risk, and finance.
She is now the chair of ASX-listed firms Redbubble and MNF Group, as well as a member of the RMIT University council. She previously worked as a commercial lawyer, holding high executive positions at National Australia Bank and Minter Ellison, including general counsel for Australia and Asia.
Board rick experience
Halton added: “I am pleased to welcome Anne as a director. Anne brings to the Crown board rich experience from her extensive board and executive careers. Her appointment further strengthens the mix of capability and experience as we continue the refresh of the board.”
Crown is the subject of a formal enforcement investigation by AUSTRAC’s Enforcement Team into potential non-compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, with Royal Commissions set up in Melbourne and Perth to determine the organisation’s operational suitability.