SkyCity Entertainment taps Peter Fredricson as finance chief (updated)

Skycity Entertainment

15/07/2024 22:21

(Adds details and background in paragraphs 2-5)
       July 16 (Reuters) - New Zealand's casino operator
SkyCity Entertainment  SKC.NZ  on Tuesday appointed Peter
Fredricson as its new chief financial officer.
        Fredricson is a former CFO of Australia's AMP  AMP.AX ,
and has also served as a finance chief in other Australia-listed
companies such as APA Group  APA.AX . 
        He will commence at his new job on Aug. 5, SkyCity said.
        Earlier in May, the company-operated Adelaide Casino
said it would 
    pay
     A$67 million ($45.29 million) penalty to resolve anti-money
laundering cases brought against it. 
  
        Last month, the troubled casino operator 
    slashed
     its annual profit outlook, citing tough operating
conditions while suspending dividends until fiscal 2026.
  
        On Monday, SkyCity said Jason Walbridge commenced his
role as its chief executive officer, replacing interim CEO
Callum Mallett.
  
        
  
($1 = 1.4795 Australian dollars)

 (Reporting by Rajasik  Mukherjee; Editing by Maju Samuel)
 ((Rajasik.Mukherjee@thomsonreuters.com;))