Australia’s Crown Resorts has confirmed the appointment of David Tsai as group CEO following the departure of Ciaran Carruthers. Tsai was previously appointed acting CEO in late August.
Tsai joined the company as CEO of Crown Perth in December 2022 and was subsequently promoted to president and group chief operating officer in July this year. He has been closely involved in leading the business through a period of significant transformation over the past two years, as well as leading Perth’s reform and recovery program.
“David is a highly capable, proven and experienced integrated resorts executive who has clearly demonstrated his commercial and strategic ability,” said Crown Chairman John Borghetti.
“Together with his strong cultural and team values, David is well positioned to lead the continued transformation, growth and future success of Crown’s business.
“As CEO, David will focus on the highest standards of guest experience across each of our resorts, including the refurbishment and launch of exciting new venues and experiences at each of our properties throughout 2025 and beyond, while continuing our commitment to safe and responsible gaming. The board is very pleased to be able to appoint such a talented executive to the role of CEO.”
Tsai added, “I look forward to leading Crown Resorts as CEO through its next phase of transformation and development. With the support of our talented and committed team, our goal is for Crown Resorts to be the ultimate entertainment destination in each of our cities, positioning Crown to thrive long into the future.”
The appointment of Tsai – a long-term senior executive with US casino giant MGM Resorts – comes after Crown recently returned to suitability in Victoria and NSW, home to its two flagship properties Crown Melbourne and Crown Sydney.
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