Australian operator Crown Resorts is continuing its executive-level carousel, this time with the appointment of Ian Silk as chairman of Crown Melbourne. His appointment is subject to regulatory approval.
Silk spent 15 years as the head of AustralianSuper, the largest retirement fund in the country, representing approximately one in 10 Australian workers. The finance veteran also will join Crown Resorts’ board of directors in a non-executive role, according to the company.
Silk’s appointment comes at a pivotal time for Crown, not long after it was acquired by U.S.-based investment giant Blackstone Group earlier this year. In addition to Silk, Crown also recently appointed Bill McBeath as chairman and Ciaran Carruthers as CEO of the company, along with John Van Der Wielen as chairman of Crown Perth and John Borghetti as chairman of Crown Sydney.
Prior to Blackstone’s takeover, Crown was found unsuitable for licensure in three separate jurisdictions—New South Wales, Western Australia and Victoria. All of those licenses have since been restored on a conditional basis.