SKC skycity entertainment group limited (ns)

Ann: OFFICE: SKC: SKYCITY Chief Financial Officer

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    • Release Date: 06/05/14 10:37
    • Summary: OFFICE: SKC: SKYCITY Chief Financial Officer to Return to UK
    • Price Sensitive: No
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    					SKC
    06/05/2014 08:37
    OFFICE
    
    REL: 0837 HRS SKYCITY Entertainment Group Limited (NS)
    
    OFFICE: SKC: SKYCITY Chief Financial Officer to Return to UK
    
    SKYCITY Entertainment Group Ltd announced today that Chief Financial Officer
    James Burrell has resigned for family reasons and is returning to the United
    Kingdom.
    
    CEO Nigel Morrison said "James has ably led the SKYCITY Finance team and has
    made a major contribution to the company. Many milestones have been achieved
    during his three years with us.
    
    "In Auckland, we have negotiated with Government to build the New Zealand
    International Convention Centre, opened new restaurants that are winning
    industry awards, we have refurbished our hotels and we are finishing off the
    Federal Street rebuild. During James's tenure at SKYCITY we also have sold
    our stake in the Christchurch casino and acquired the second casino licence
    in Queenstown. In Adelaide as part of the renegotiation of our casino
    licence, we are building a six star hotel on top of our river-front casino
    and are opening new signature restaurants. In Darwin, we have extensively
    refurbished our Casino Resort.
    
    "James has contributed to these achievements, all of which strengthen our
    role as a provider of safe and fun entertainment and making the cities we
    operate in more vibrant.
    
    "While we are disappointed to be losing James as our CFO, we respect his
    family decision to return to England at the end of June after being away from
    home for 6 years - 3 in Hong Kong and now 3 in New Zealand. He and his wife
    Sue have a young family and they want to be closer to their extended
    families.
    
    "The Board and management of SKYCITY wish them all the very best for their
    future together in England.
    
    "We have commenced with Heidrick & Struggles ([email protected]) the
    process of recruiting a new CFO to replace James," concluded Mr Morrison.
    End CA:00250114 For:SKC    Type:OFFICE     Time:2014-05-06 08:37:16
    				
 
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