CEO Graeme Stephens (l.) and two other senior executives are leaving SkyCity Entertainment Group.
Analysts expressed surprise at Stephens’ departure, which came with no advance notice from the New Zealand-based gaming operator.
It was announced simultaneously with the planned resignations of CFO Rob Hamilton and Chief Marketing Officer Liza McNally, and appears to point to a major shift in SkyCity’s strategic direction going forward.
Stephens’ successor will be COO Michael Ahearne, a 13-year industry veteran who oversees SkyCity’s operations across New Zealand and Australia and is credited with guiding the launch of an online gaming division in 2019.
Hamilton is scheduled to depart the end of February and McNally in March.