Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Tabcorp has added David Gallop as a Non-Executive Director to its board
  • David is known for his high-profile positions in the NRL and Australian Football Federation
  • The board is going through a shake-up as its Chairman prepares to retire
  • Tabcorp’s share price is up just over one per cent today, now sitting at $4.97 per share

Tabcorp has appointed a new Non-Executive Director to its board, David Gallop.

David is known for his high-profile position as CEO of the National Rugby League, which he held for a decade. In 2012, he took the same job at Football Federation Australia were he remains until the year’s end.

“David has successfully led two of Australia’s highest profile sporting organisations in the NRL and FFA,” Tabcorp’s Chairman, Paula Dwyer, said.

“He brings to our Board a deep understanding of sports administration and the commercial drivers which underpin it,” Paula explained.

The Chairman added that David has “extensive experience in media rights negotiations, delivering modern sporting content throughout digital channels, customer experience and in navigating complex stakeholder relationships at domestic and international level.”

Regulatory and ministerial approval is still required to make the position official. Tabcorp advised in the meantime, David will act as an observer on the board from October 14.

Tabcorp informed the market that David’s appointment to the board is one step in a restructure plan. It expects more appointments will follow during the 2020 financial year.

These appointments are in anticipation of Paula and Non-Executive Director Dr Zygmunt Switkowski’s retirement from the board.

Tabcorp’s share price is up 1.04 per cent today, currently sitting at $4.97 apiece, as of 3:16 pm AEDT.

TAH by the numbers
More From The Market Herald
Baby Bunting (ASX:BBN) - Chair and Non Executive Director, Melanie Wilson

" Baby Bunting (ASX:BBN) surpasses $500m sales for the first time

Baby goods retailer Baby Bunting (ASX:BBN) surpasses half a billion dollars in sales for the first…

" eCargo (ASX:ECG) sells Amblique to focus on Asian market

eCargo (ASX:ECG) has divested its digital commerce consultancy, Amblique in a management buyout for US$5 million…

" Booktopia (ASX:BKG) to open new customer fulfilment centre

Booktopia (ASX:BKG) has secured a new, a larger 20,000 metres square clean skin customer fulfilment centre…
The Market Herald Video

" Atomos (ASX:AMS) appoints Trevor Elbourne as CEO

Atomos (ASX:AMS) promotes its Chief Technology Officer to the position of Chief Executive Officer.