Currently Group CEO of real estate and investment group Lendlease Corporation Limited, McCann will retire from the board on 31 May 2021, and will join Crown effective 1 June 2021.

Helen Coonan will continue in her role as Executive Chairman until Mr McCann has received all necessary approvals to undertake his role.

“Steve is a first-class appointment for Crown and the right person to embed the ongoing reforms necessary to restore regulatory and public confidence in our operations,” said Coonan.

“Recognised as one of Australia’s most respected business leaders, Steve has a unique blend of strategic, financial and corporate governance expertise and a track record of building strong employee engagement and driving cultural change.”

McCann worked in senior leadership roles at ABN AMRO and Bankers Trust before joining Lendlease in 2005 as CEO of Investment Management. He was then appointed Group Finance Director in 2007 and Group CEO in 2008.

McCann commented: “I am looking forward to joining Crown at a crucial time for the organisation and see a real opportunity to help drive significant shareholder value as the company addresses its challenges and emerges from the constraints of the pandemic.”