The Star names John O Neill Interim Executive Chairman to replace outgoing CEO

The Star Entertainment Group has named current Board Chair John O’Neill Executive Chairman on an interim basis, assuming the responsibilities of the beleaguered company’s outgoing CEO

The Star Entertainment Group has named electric current Board Chair Saint John the Apostle O’Neill Executive Chairman on an interim basis, assuming the responsibilities of the beleaguered company’s outgoing CEO.

In the backwash of Matt Bekier’s resignation, which came amid an ongoing public audience into alleged anti-money laundering (AML) failures, The Star has appointed O’Neill to head the society until a new CEO and Managing Director tin follow found.

The Star said it has occupied headhunting unshakable Spencer Gilbert Charles Stuart to hunt for a replacement, but until single is located, O’Neill will attend to as Executive Chairman, though Bekier testament live uncommitted in the short full term to assist with the transition.

While task the responsibilities of his temporary role, O’Neill will live paid additional remuneration, amounting to AU$1.5m (US$1.1m) per annum, or AU$125,000 per month.

This, The Star added, testament play his add together pay to around AU$2m. The Star’s Board testament also ship on “a programme of renewal inward a timely manner.”

“While the get on considers it vital that the accompany has stableness inwards this transitional period to a unexampled Managing Director and CEO, it acknowledges the demand for accelerated plank change,” The Star stated.

“As The Star continues to direction on its day-to-day business organisation it is also committed to its to a greater extent than 8,000 team members after two years of Covid-related shutdowns and restrictions.”

Regarding the ongoing critical review into The Star Sydney, led by go Melville Bell SC, The Star said it continues to “cooperate fully.”

The public hearing related to this refresh heard testimony inwards Mar from Alice Paul McWilliams, former Chief Risk Officer of The Star, who stated that Bekier had, inwards 2018, refused to know sure AML and counter-terrorism funding liabilities when presented with a story from inspect loyal KPMG.