Tabcorp Holdings today announces the appointment of Mark Howell as the Company’s new Chief Financial Officer (CFO).

Mr Howell currently leads the finance function, as the General Manager Liquor Finance & Network Optimisation, for Coles Group Limited’s (Coles) Liquor business (trading as Liquorland, Vintage Cellars and First Choice Liquor Market), one of the country’s largest retail liquor networks, and will commence prior to June 2024.

Mr Howell brings to Tabcorp a wealth of consumer and retail experience, joining Coles in 2017, just prior to its demerger from Wesfarmers Limited. Following the demerger, Mr Howell held senior finance, strategy, business development and investor relations roles at Coles. Prior to joining Coles, Mr Howell held senior investment banking roles at Rothschild and Goldman Sachs in Australia and New York and began his career at Ernst and Young.

Tabcorp Managing Director and CEO Adam Rytenskild said: “Mark is the perfect fit for Tabcorp as we deliver our transformation. He’s passionate about our growth story and dynamic in his thinking.

“Wagering is one of the most competitive industries in Australia and Mark comes from an equally competitive customer focused industry. His experience leading finance teams at Coles and working closely with investors will be invaluable moving forward.”