Crown Resorts, the largest owner and operator of land-based casinos in Australia, has announced the appointment of Ciaran Carruthers as the company’s new Chief Executive Officer.
The appointment comes shortly after the company’s takeover by Blackstone was completed. The international private equity firm already owned 9.9 percent of Crown Resorts since 2020, and now it has bought the remaining 90.1 percent for a total of 8.87 billion dollars.
Steve McCann, the previous Chief Executive Officer of Crown Resorts and of Crown Melbourne, announced his resignation shortly after the takeover was completed. Before taking the Crown Resorts job, Ciarán Carruthers was the Chief Operating Officer of Wynn Macau Resort.
Crown Resorts owns and operates Crown Melbourne, Crown Perth and Crown Sydney in Australia, Crown London Aspinalls in the United Kingdom, along with an online business.
The company announced that the new CEO will effectively take charge in September and added that for a while he will be working alongside Steve McCann in order to assure an orderly transition. Crown Resorts also pointed out that it will appoint new CEOs for two of its casinos as well: Crown Melbourne and Crown Perth.