Former AFL Chief Executive Gillon McLachlan has been appointed the new Chief Executive and Managing Director at Tabcorp.
After much speculation that McLachlan would be taking the role as Chairman of Racing Victoria, McLachlan will instead assume the role at Tabcorp from August 5th, taking control from Bruce Akhurst who has been in charge since former CEO Adam Rytenskild’s departure in March.
“Gill needs no introduction - he is recognised as one of Australia's leading CEOs and securing Gill is a great vote of confidence for Tabcorp’s future. We’ve laid strong foundations and Gill brings a growth mindset and the capability to capitalise on the opportunities ahead of us,” Akhurst said.
"Gill has a deep understanding of sport, racing and wagering, combined with significant commercial acumen which was highlighted in the substantial growth of AFL revenues under his leadership.
“Importantly for us, Gill brings an added dimension of having been responsible for some of the most significant media rights deals in Australian sports history and we're excited about the potential growth opportunities for our wagering and media business under his leadership.”
It has been reported that McLachlan’s $1.5-million-a-year base salary also comes with significant bonus incentives.
"Tabcorp is a wagering, broadcast and integrity services business and the challenges of growing it are appealing,” McLachlan said.
“It’s about creating entertainment for our customers in a safe way and providing a unique customer omnichannel entertainment offering across digital, retail and the media business.”
"Tabcorp is part way through its transformation journey and I’m looking forward to working with the leadership team to accelerate and deliver on the growth opportunities."
