Outgoing CEO, Geoff Hogg. Source: National Retail Association
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • The Star Entertainment Group (SGR) appoints Geoff Hogg as acting Chief Executive Officer, effective immediately
  • The company is continuing its search for a permanent CEO
  • Mr Hogg will receive remuneration of $1 million per year which is inclusive of superannuation
  • It is intended Mr Hogg will return to his role of Chief Casino Officer once the term of acting CEO concludes
  • Company shares are steady and are trading at $2.99 at $3:18 pm AEST

The Star Entertainment Group (SGR) has appointed Mr Geoff Hogg as acting CEO, effective immediately.

The appointment term is ongoing and subject to one month’s termination notice by either party, including when a permanent CEO is employed.

The company says Mr Hogg will return to his role of Chief Casino Officer once the term of acting CEO concludes.

Mr Hogg’s remuneration package for his former role of Chief Casino Officer will continue to apply to his appointment as acting CEO and with a fixed remuneration of $1 million per year including superannuation.

A short term incentive of $600,000 and a long term incentive award of $600,000 will be pro-rated to reflect Mr Hogg’s appointment part way through the year.

Star Entertainment says it is continuing its search for a permanent Chief Executive Officer.

Company shares were steady and were trading at $2.99 at 3:18 pm AEST.

SGR by the numbers
More From The Market Online

Week 13 Wrap: Easter bunny delivers new all time high for ASX200

Another week, another all time high. The ASX200 clocked 7,901pts on Thursday for the first time…
The Market Online Video

Market Close: Green lights up on ASX for Easter hunt go

The ASX200 closed the day in record territory - nearly a per cent up with every…

Market shrugs as Fisher & Paykel announces mass recall

Fisher & Paykel has initiated a voluntary limited recall of batches of Airvo 1 and my…
The Market Online Video

Market Update: ASX glows red hot with another hit record

The ASX200 is trading up, hitting a new high of 7901 point and eclipsing the last…