On Thursday,Crown announced that the executive who was parachuted in last year to turnaround the group’s fortunes,former Lend Lease CEO Steve McCann,will be replaced in September by casino veteran,Ciarán Carruthers,who straddles two important geographies for Crown.
Carruthers is currently the chief operating officer at Wynn Macau Resort,one of many roles he has held in Macau over the last 20 years. It will give him an insight into the Chinese tourists who will still be critical to Crown’s success.
The only break Carruthers took from Macau was to set up a gaming consultancy in 2009 when he returned to Australia to spend more time with his Adelaide-based family. Dublin-born Carruthers has Australian permanent residency.
His new job,which will be based in Melbourne,will bring Carruthers a lot closer to home.
Other executives are expected to be announced to head Crown’s flagship Melbourne casino,and Perth operation,but the key people are in place with McBeath and Carruthers.