The Board of Tabcorp Holdings has announced it has selected Brett Chenoweth to succeed Bruce Akhurst as Chairman, who will retire as Chairman at the conclusion of the Company’s 2024 Annual General Meeting.

Mr Chenoweth is one of Australia’s leading executives and board directors with extensive leadership experience across a range of media, sport and entertainment companies, including as a former CEO and Managing Director of APN News and Media Limited. He is a director of EVT Limited and holds other unlisted company directorships, including Chairman of CDC Data Centres and Retire Australia, and a director of One New Zealand Group Limited (previously Vodafone New Zealand).

Mr Chenoweth has been a Non-Executive Director of Tabcorp since 2022 and is currently Chair of the Risk, Compliance and Sustainability Committee.

To ensure an orderly transition process, Mr Akhurst is expected to remain a Director performing additional executive responsibilities through to the end of the calendar year, while Managing Director and CEO Elect, Gillon McLachlan, undergoes the required regulatory approvals process.

Mr Akhurst will retire as Chairman having overseen the successful separation from The Lottery Corporation, Tabcorp’s awarding of the 20-year Victorian Wagering and Betting Licence, the achievement of level playing field reforms in Victoria and Queensland, and a significant transformation of Tabcorp’s technology, brand and digital offering. Mr Akhurst joined the Tabcorp Board in 2017.

“I’m proud of our achievements since Demerger. We’ve moved quickly to transform the company. We’re a faster, more innovative and more responsive organisation today than we have ever been. Over the last two years we’ve laid some important foundations for growth by winning the Victorian Licence, achieving structural reforms, and launching a new TAB App,’’ Mr Akhurst said.