Home

Tabcorp hires CFO Newman from AusNet

AAP
Tabcorp has hired CFO Adam Newman from AusNet.
Camera IconTabcorp has hired CFO Adam Newman from AusNet.

Tabcorp has hired AusNet chief financial officer Adam Newman to fill the same role with the gaming giant.

Mr Newman, who will replace longstanding CFO Damien Johnston in October, has been CFO of ASX-listed energy company AusNet since 2013 and was previously with steelmaker BlueScope in Australia and the US.

"Adam brings deep experience in finance and operational leadership roles in complex environments," Tabcorp managing director and chief executive David Attenborough said.

Mr Johnston has been CFO since 2011 and Mr Attenborough thanked him for his service.

At 1046 AEST, Tabcorp shares were down 0.22 per cent at $4.47, while AusNet shares were 1.25 per cent lower at $1.895.

Get in front of tomorrow's news for FREE

Journalism for the curious Australian across politics, business, culture and opinion.

READ NOW

Get the latest news from thewest.com.au in your inbox.

Sign up for our emails