Tabcorp CEO exited over alleged 'inappropriate' comments about female official (updated)

Tabcorp Holdings

15/03/2024 03:24

(Updates with further details and background)
       March 15 (Reuters) - Australian bookmaker Tabcorp
Holdings'  TAH.AX  CEO stepped down after a company probe over
allegations that he used "inappropriate" comments about a female
regulatory official, Victoria's gambling and casino regulator
said on Friday. 
    The racing and wagering firm on Thursday said its chief
executive Adam Rytenskild resigned after the board became aware
of the top boss using "offensive" and "inappropriate" language
at the workplace.
    The gambling and casino regulator of the Australian state of
Victoria confirmed it had acknowledged the resignation. 
    "The Commission acknowledges the resignation of Tabcorp's
CEO following allegations of inappropriate comments made about a
female regulatory official," Victorian Gambling and Casino
Control Commission Chair Fran Thorn said. 
    The outgoing CEO, however, said that he did not recall
making the alleged comment, according to a statement from the
company.
    "It's not language I would usually use, but I have
regrettably agreed to resign," Rytenskild said.
    
    

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Rashmi
Aich)
 ((Rishav.Chatterjee@thomsonreuters.com;))