Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

The Star Entertainment Group Limited Board

Directors

Details of The Star’s directors are set out below.

 

Anne Ward

Chair, Non-Executive Director

Peter Hodgson

Independent, Non-Executive Director

Deborah Page AM

Independent, Non-Executive Director

Michael Issenberg

Independent, Non-Executive Director

Toni Thornton

Independent, Non-Executive Director

Board and Committees

The Star Board has established five standing committees comprising independent non-executive directors as set out below.
Audit Committee

Debbie Page (Chairman)
Michael Issenberg
Peter Hodgson

Culture, People & Remuneration Committee

Michael Issenberg (Chairman)
Anne Ward
Peter Hodgson
Toni Thornton

Risk & Compliance Committee

Peter Hodgson (Chairman)
Debbie Page
Toni Thornton
Anne Ward

Safer Gambling, Governance & Ethics Committee

Anne Ward (Chairman)
Michael Issenberg
Debbie Page

Nominations Committee

Anne Ward (Chairman)
Debbie Page
Michael Issenburg
Toni Thornton
Peter Hodgson

Charters

The Board has recently adopted new Charters for the Board and each of its standing Committees. The new Charters are set out below.

Anne Ward

Chair, Non-Executive Director

Anne was appointed to the Board on 18 November 2022.

Anne is an experienced company director with expertise in business management, strategy, governance, risk and finance and broad industry experience spanning financial services, banking, insurance, technology, healthcare, government, education, tourism, entertainment and gaming.

Anne also has considerable experience in complex governance, transformation and risk management across highly regulated sectors, including casinos.

Anne is currently Chair of ASX-listed ecommerce group Articore Group Limited.

Anne was formerly Chairman of Colonial First State Investments Ltd, Qantas Superannuation Ltd and Zoos Victoria, and a director of Crown Resorts Limited, MYOB Group Ltd and Flexigroup Ltd. She was previously a Council Member at RMIT University for several years, where she contributed to an uplift in governance for the university sector in Australia.

Prior to her career as a professional director, Anne was a commercial lawyer for 28 years and was General Counsel for Australia at the National Australia Bank and a partner at Minter Ellison in Melbourne.

Peter Hodgson

Independent, Non-Executive Director

Peter is an experienced director with extensive global financial services experience and a strong business track record. He is a strategic thinker with in-depth experience in large complex companies.

Peter is currently Chairman of ASX-listed Judo Bank and the Centre of Evidence and Implementation, and a director of Planum Partners.  He is a member of the University of Melbourne’s Trinity College Investment Management Committee and a member of the advisory board of Drummond Capital Partners.

Peter previously held senior executive roles in Australian and global financial institutions including Chief Risk Officer and Group Managing Director Institutional at ANZ, and was most recently Chief Executive Officer and Managing Director of Myer Family Investments.

Deborah Page AM

Independent, Non-Executive Director

Deborah was appointed to the Board on 13 March 2023.

Deborah is a Chartered Accountant with dual audit partner and CFO experience during her executive career. She has specific experience in corporate finance, accounting, audit, mergers and acquisitions, capital markets, insurance and joint venture arrangements. Deborah has extensive experience as a company director gained across ASX listed, private, public sector and regulated entities since 2001. Her relevant sector experience includes property, technology, and the regulated sectors of insurance and funds management.

Deborah’s experience includes Board leadership, governance and compliance, risk management, remuneration practices, investor relations and health, safety and environment.

Deborah is currently a Non-Executive Director of Brickworks Limited and Growthpoint Properties Australia Limited.

Deborah is a member of Chief Executive Women and a member of the Takeovers Panel.

Michael Issenberg

Independent, Non-Executive Director

Michael was appointed to the Board on 11 July 2022.

Michael is an experienced executive and non-executive director with over 40 years’ experience in the hotel and casino industries.

Michael is currently Chairman of Tourism Australia, Director of TFE Hotels, and he is a Lifetime Member of Tourism & Transport Forum Australia and the Cornell Hotel Society.

Michael was formerly the Chairman of Reef Corporate Services Limited, the Responsible Entity of Reef Casino Trust, and Non-Executive Director for over 20 years. Prior to that, he held various executive roles with AccorHotels for 25 years, most recently as Chairman and Chief Executive Officer of AccorHotels Asia Pacific.

He previously held the role of Chief Executive Officer of Mirvac Hotels, following a successful career at Westin Hotels and Resorts, Laventhol & Horwath, and Horwath & Horwath Services Pty Limited in San Francisco and Sydney.

Toni Thornton

Independent Non-Executive Director

Toni was appointed to the Board on 17 October 2023.

Toni is an experienced executive with more than 15 years’ corporate finance and strategic advisory experience, and 13 years’ experience in audit at Board-level.

Toni brings a strategic commercial focus and experience in regulated industries including financial services and education, as well as strong financial acumen, and diverse enterprise risk and capital projects experience.

Toni is currently a Non-Executive Director of G8 Education Limited, CS Energy (a Queensland Government energy company), and significant private companies including Millovate Pty Ltd (a beneficial enterprise established to manage development of a major precinct in the Moreton Bay Priority Development Area) and Habitat Early Learning.

She was previously Non-Executive Director of South Bank Corporation (the development and management authority for Brisbane’s South Bank precinct), Devcorp, Gallipoli Medical Research Foundation and Triathlon Queensland.

Prior to embarking on her Board career, Toni had an executive career, holding senior roles with JBWere, Goldman Sachs JBWere, and National Australia Bank.

2016 SHARE SALE FACILITIES

The Star Entertainment Group announced on 5 April 2016 share sale facilities that provided eligible small shareholders the opportunity to sell their shares without incurring any brokerage or handling costs.

Participation in the separate share sale facilities were open to eligible shareholders whose registered address was in Australia or New Zealand as at 7.00pm (Sydney time) on 29 March 2016 (Record Date) and who were:

  1. registered holders of less than a marketable parcel of shares (i.e. less than $500 worth of shares on the Record Date) (Small Holding Sale Facility); or
  2. registered holders of 5,000 or less shares (but held at least $500 worth of shares) on the Record Date (Voluntary Share Sale Facility).

On 5 April 2016, eligible shareholders were sent a letter together with a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility.

Both share sale facilities closed at 5:00pm (Sydney time) on 17 May 2016 (Closing Date).

All participants who had their SGR shares sold under either the Small Holding Sale Facility or the Voluntary Share Sale Facility received the same average price of $5.51 per share, which was calculated by dividing the total proceeds from the sale of all SGR shares sold under the facilities by the total number of SGR shares sold under the facilities.

Payment of the sale proceeds were made to participating shareholders on 27 May 2016 in accordance with their payment instructions as recorded on the share register.

Small Holding Sale Facility

The Small Holding Sale Facility was conducted in accordance with The Star Entertainment Group’s Constitution and the Australian Securities Exchange Listing Rules that enables all listed companies to sell shareholdings valued at less than $500 (Unmarketable Parcel).

Based on a share price of $5.68, being the closing price of The Star Entertainment Group (SGR) shares on the Australian Securities Exchange on the Record Date, an Unmarketable Parcel was any holding of 88 shares or less.

Eligible shareholders who wished to retain their Unmarketable Parcel were required to return a Share Retention Form to the share registry by the Closing Date.

Small Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

Voluntary Share Sale Facility

The Voluntary Share Sale Facility was conducted in accordance with Class Order CO 08/10 issued by the Australian Securities and Investment Commission.

Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date.

Voluntary Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

For full details of the Small Holding Sale Facility and the Voluntary Share Sale Facility, please see the ASX Announcement dated 5 April 2016 in the News section of our website.

POST DEMERGER TAX INFORMATION

The demerger of The Star Entertainment Group (formerly known as Echo Entertainment Group Limited) from Tabcorp Holdings Limited (Tabcorp) was implemented on 15 June 2011 by way of Scheme of Arrangement pursuant to the Tabcorp Scheme Booklet dated 15 April 2011 (Demerger).

As part of the Demerger, Tabcorp sought a ruling from the Australian Taxation Office on the taxation implications for shareholders. On 29 June 2011, the Australian Taxation Office issued Class Ruling CR 2011/66, in accordance with the application made by Tabcorp. A copy of the Class Ruling CR 2011/66 can be viewed here.

A Tax Calculator is provided below to assist shareholders in calculating the Australian capital gains tax cost base allocation for Tabcorp shares and The Star Entertainment Group shares. The Tax Calculator is a general guide only and does not constitute tax advice. Shareholders should seek advice from an appropriate professional adviser on the tax implications of the Demerger based on their own individual circumstances.

Click here to download the Tax Calculator
Click here to access information on the Australian Taxation Office website