Crown Resorts (ASX: CWN) has named Simon McGrath as CEO of Crown Sydney and group head of hospitality, commencing employment with the company on 1 February 2022.
McGrath has most recently been the CEO of Accor Pacific, responsible for more than 397 hotels, 62,276 guest rooms and 18,000 employees.
He also has an extensive career in the tourism and hospitality sector over a period of three decades, working throughout the Pacific region, and has previously held senior executive positions in hotel groups including Southern Pacific Hotels and Rydges Hotel Groups.
McGrath will report to Crown CEO Steve McCann who today welcomed the new boss of the Sydney arm of the gambling and resorts business.
“We are very excited to welcome Simon to the executive team at Crown, to lead our newest Australian resort in Sydney and oversee our hospitality offer,” McCann said.
“Simon is a highly regarded executive who will bring to Crown his wealth of experience in the operation of luxury hotels and global hospitality businesses.
“With Simon’s stewardship, we are confident that Crown Sydney will set the standard of excellence for all of our customers and guests.”
The appointment of McGrath comes just weeks after a Royal Commission in Melbourne deemed Crown’s operations in the city too big to fail, despite deciding it was unsuitable to hold a casino licence in Victoria.
Building on the findings of the Bergin Inquiry, the Royal Commission uncovered further failures in governance, risk management and responsible service of gaming.
These included "grave, ongoing legal breaches and misconduct that contravened not only Australian laws but the laws of other countries", often with the knowledge of Crown executives.
It also comes nine months after the NSW Independent Liquor & Gaming Authority (ILGA) deemed Crown Resorts was not suitable to be given a licence for its $2.2 billion Barangaroo tower in Sydney, in line with advice from the scathing Bergin Report.
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