CHIEF EXECUTIVE OFFICER TRANSITION UPDATE

MARKET RELEASE
SkyCity Entertainment Group Limited (SKC.NZX/SKC.ASX)
22 February 2024

CHIEF EXECUTIVE OFFICER TRANSITION UPDATE

Current Chief Executive Officer, Michael Ahearne, will step down from the company on 8 March 2024, in line with the announcement made in October last year.

The Chief Executive Officer succession process is progressing and relatively well advanced. Further announcements will be made regarding this in due course.

Callum Mallett will commence as Interim Chief Executive Officer effective from 9 March 2024, and will remain in place whilst the SkyCity Board completes the recruitment process for a permanent Chief Executive Officer. Mr Mallett is currently SkyCity’s Chief Operating Officer New Zealand, a role he has held since February 2021, and has been with the business since 2006.

The SkyCity Board Chairman, Julian Cook, will provide executive support on a part-time fixed term basis with effect from 26 February 2024, in addition to being the SkyCity Board Chairman. Once a new Chief Executive Officer has commenced, it is expected that Mr Cook will cease this executive role. The Board has determined that Mr Cook will be considered a non-independent Executive Chairman through this period.


ENDS

For more information, please contact:

Investors and analysts
Craig Brown - Head of Investor Relations & Corporate Development
Mobile: +64 27 470 6802
E-mail: [email protected]

Media
Graeme Muir - GM Communications
Phone: +64 21 426 844
Email: [email protected]

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Announcement PDF