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David Attenborough to step down as Tabcorp CEO in 2021

Tabcorp has announced upcoming changes to key executives from the end of 2020 with CEO and MD David Attenborough to retire from his roles in 2021.

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The incumbent CEO and MD will step down from his positions with the Australian operator in the first half of next year, with a global search for his successor already underway.

Attenborough has been at Tabcorp for more than 10 years, joining as managing director for wagering in April 2010, before assuming his current roles in October of the same year.

His decision to step down comes as “the combination with Tatts is now largely complete”, with the merger being implemented in December 2017, creating a gambling group with a pro forma value of AU$11.3bn (US$8.06bn).

Attenborough said: “As such, now is the right time to start the process to appoint the next CEO who can work with the board and management team to take the company forward.

“Until then, I am totally committed to steering Tabcorp through the COVID-19 pandemic and ensuring that our businesses are best positioned for the future.”

Meanwhile, Steven Gregg has been chosen to succeed chairman Paula Dwyer, who will retire from the board on 31 December 2020, after serving as chairman and non-executive director since June 2011.

Gregg has been a non-executive director at the operator since July 2012, as is also chairman of the Tabcorp People Remuneration Committee, and Caltex Australia Limited.

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