Star Entertainment executive chair Foster steps down, adds to management exodus

Star Entertainment executive chair Foster steps down, adds to management exodus

- Star Entertainment said on Monday its Executive Chairman David Foster will leave step down just weeks after being appointed to the role, adding to an exodus of senior management at the beleaguered Australian casino operator.

Foster, who became chairman in March 2023, took over additional executive duties late last month after the casino operator's chief executive, Robbie Cooke, and finance officer, Christina Katsibouba, announced their exit. Anne Ward, an independent and non-executive director appointed to the Star board in November 2022, will take over as chair effective immediately.The casino operator is facing a second inquiry into its Sydney operations after a license to operate the casino was suspended in October 2022, with the regulator "not satisfied" with the company's progress on its remedial measures in Sydney.

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