John Poynton begins as Crown Resorts non-executive director

Company News

by Rachael Jones

Crown Resorts Limited (ASX:CWN) announced that the appointment of John Poynton as a director of Crown has become effective.

All regulatory approvals have been received.

His appointment was announced back in May 2018. He will replace James Packer who decided in March to take a break from all of his work commitments.

Mr Poynton will fill Mr Packer’s position as a non-executive director, nominated by family company Consolidated Press Holdings.

He has been working as a director of subsidiary Crown Perth.

He is also chairman of advisory firm Jindalee Partners, oil and gas explorer Strike Energy and cyber security firm SC8, and a member of the Future Fund.

Shares in Crown Resorts Limited (ASX:CWN) closed 0.86 per cent lower to $11.60 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.