Crown Resorts’ incoming executive chairman Helen Coonan is set to face investor pressure to join the exodus from the casino giant.
Helen Coonan has the unenviable task of driving Crown’s major reforms if the troubled gambling group is ever to operate a casino in Sydney.
For months the Victorian government and its gaming regulator have seen the Crown Resorts regulatory train hurtling towards them. On Wednesday they took a small step to get themselves off the track.
Under the pressure of shareholder blowback,Crown's largest stakeholder James Packer made only one smallish concession at the AGM and that was fairly meaningless.
Helen Coonan staged a'coup'to oust former Crown executive chairman John Alexander in January and now she's trying to keep her own job.
Crown Resorts chair Helen Coonan blamed"ineptitude"rather than the company deliberately"turning a blind eye"to criminals banking their dirty cash with the company.
Crown chairman Helen Coonan said red flags that it was risky for Crown staff to remain in China were never raised to the board.
The company is pushing ahead with plans to open its gaming floors months before an inquiry releases its findings into Crown's suitability to hold a casino licence.
Sydney Opera House reopens to live audiences in November with a program of local works.
From high-society mover and shaker in the 1980s and'90s,Glen-Marie Frost now lives in public housing and shops at Kmart. How this upbeat born survivor has dealt with her changed circumstances offers life lessons for everyone.
There is no adequate explanation as to why Alexander will retain an unspecified executive role and $3.5 million annual pay.