Tabcorp announces leadership shake-up
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The news: Tabcorp has announced changes to its executive leadership team, including creating two new roles to lead the gambling group's wagering and media capabilities.
The context: Tabcorp has appointed Jarrod Villani as the company's first chief commercial and media officer. Villani was most recently the regional leader for Paramount ANZ, encompassing the Australian operations of Network 10 and Paramount+.
Tabcorp said Villani's role has been created to deliver stronger commercial outcomes and maximise the value of its assets across domestic and international media, as well as its retail footprint.
The company has also created the role of chief wagering officer, bringing together its core wagering functions of digital, retail, trading, marketing and product. A search process has started for the position, with an appointment expected to be announced in the new year.
Elsewhere, Tabcorp has appointed Narelle McKenzie as its new chief legal officer. McKenzie joins the group after nearly 20 years at Telstra, where she held multiple general counsel roles.
Tabcorp's current chief transformation officer has been appointed chief technology and transformation officer.
The company's chief customer officer Jenni Barnett and chief information officer Alan Sharvin will leave the business as part of the overhaul.
What they said: "The changes to our structure will increase our wagering capability and drive growth across both wagering and media," said Tabcorp managing director and CEO-elect Gillon McLachlan.
"It allows one executive to control the key wagering assets within our ecosystem.
"It's a simpler model that brings our wagering team together to drive first class execution."
The source: ASX announcement
