June 17th 2024.
The latest news in the business world has former Australian Football League boss Gillon McLachlan taking on a new role as the chief executive of Tabcorp. This announcement was made by the betting giant today, with McLachlan officially joining the company in August. In addition to his new position, he will receive a salary of $1.5 million along with bonuses.
According to Tabcorp chairman Bruce Akhurst, McLachlan is highly regarded as one of Australia's top CEOs, making his recruitment a major vote of confidence for the company's future. Akhurst praised McLachlan's extensive knowledge and experience in the areas of sports, racing, and wagering, as well as his impressive business acumen, which was evident in the significant growth of AFL revenues during his time as boss.
After nearly a decade as the AFL chief executive, McLachlan left the role in late 2020. Throughout his tenure, he oversaw the expansion of the league to 18 clubs and the successful launch of the AFLW competition. He also secured two of Australia's most lucrative media broadcast agreements, solidifying his reputation as a successful leader in the industry.
McLachlan will be taking over from former Tabcorp chief executive Adam Rytenskild, who stepped down in March after a board investigation into allegations of using inappropriate and offensive language. With McLachlan's track record of success and expertise in the field, it is expected that he will lead the company to even greater heights.
For those who want to stay updated on all the latest news, celebrity gossip, and sports updates, Tabcorp has recently launched a WhatsApp channel. This platform promises to deliver all the breaking news, without any annoying comments or algorithms, and ensures that your private information stays private. So, stay connected and stay informed with Tabcorp's new WhatsApp channel.
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