Executive shake-up
The son of one of the world’s richest people just became Hollywood’s newest mogul
His father is the ninth-richest person in the world. Now David Ellison is about to take charge of a sprawling media empire that includes CBS, MTV and the Paramount movie studio.
- by Benjamin Mullin
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Media & marketing
Seven loses three key executives amid mass redundancies
The departure of three senior staff, including the chief revenue officer Kurt Burnette, represents a major overhaul of Seven West’s operations, just two months into new boss Jeff Howard’s tenure.
- by Calum Jaspan
Ex-Crown CEO Steve McCann appointed to head Star Entertainment
The former Lendlease and Crown Resorts boss could earn up to $10 million in bonuses by the end of the 2026 financial year.
- by Amelia McGuire
Updated
Tabcorp
Former AFL boss Gillon McLachlan appointed Tabcorp chief
McLachlan stepped down from the AFL last year and recently signed as a senior advisor for Blackstone, the US private equity owner of Crown Resorts.
- by Amelia McGuire and Calum Jaspan
Opinion
For subscribers
Tabcorp’s big, risky bet on the former king of AFL
Gillon McLachlan will move from running a sporting code where the revenue topped $1 billion to overseeing a gaming company with its share of challenges.
- by Elizabeth Knight
Nine board chairman Peter Costello quits
The former treasurer stepped down as chairman of Nine Entertainment Co days after allegations he shoved a reporter at Canberra Airport.
- by Calum Jaspan and Sumeyya Ilanbey
Former Virgin boss named new chair of Crown Resorts
John Borghetti will take the chair as the casino operator has passed its regulatory hurdles and now has to find a way to become financially profitable.
- by Amelia McGuire
Opinion
For subscribers
Prize catch for Lovisa as retail billionaires’ poaching season hots up
Poaching John Cheston from kids stationery group Smiggle feels like a declaration of retail war.
- by Elizabeth Knight
Former Nine boss’s $1m golden handshake on the line after harassment claims
The board of Nine has united behind its chief executive after a marathon meeting on Thursday which addressed allegations of poor behaviour at the media group.
- by Colin Kruger, James Massola and Jordan Baker
Lendlease chairman to exit property giant at AGM
Global property giant Lendlease has announced that chairman Michael Ullmer will retire at its annual general meeting in November, following concerns about the company’s underperformance.
- by Carolyn Cummins
Updated
Telecommunications
Optus appoints NBN boss as chief executive six months after outage
After nearly a decade at NBN Co, Stephen Rue will take on the job of repairing Optus’ reputation.
- by David Swan