SkyCity Appoints New Chief Executive
SkyCity Entertainment Group, the New Zealand-based operator of four casinos in New Zealand and two in Australia, has announced the appointment of Graeme Stephens as their new chief executive, effective from May 1, 2017.
Stephens, a veteran in the casino industry, will be taking over from interim chief executive and chief operating officer John Mortensen who took over from Nigel Morrison who resigned in April after eight years in the position. Stephens is moving to SkyCity from his role as chief executive of Sun International, a casino, resort and entertainment company listed on the Johannesburg Stock Exchange.
Stephens led Sun International as they diversified in South Africa and Latin America with the refurbishment of their flagship Sun City resort near Johannesburg and the development of Time Square, their new casino resort near Pretoria.
SkyCity has been looking for a new chief executive that can lead the company through its own development with plans to expand its Adelaide casino and develop an international convention centre and hotel next to its flagship Auckland casino.
“His record managing a diverse and fast-growing listed company, operating in a variety of locations, makes Graeme the best person to lead SkyCity as we progress the New Zealand International Convention Centre and Hobson Street Hotel projects, redevelop our Adelaide casino and plan the next stage of SkyCity’s strategy,” stated Chris Moller, chairman of SkyCity.
Stephens added: “It is a real privilege to have an opportunity to join SkyCity at a time when there are a number of large projects currently underway. It is a hugely exciting company with an impressive record in developing world-class facilities across its properties. I can see huge potential to capitalise on these developments and grow the business into the future.”
March 30, 2017