The chief executive and managing director of Tabcorp is stepping down after using inappropriate and offensive language, the wagering company says. Adam Rytenskild has tendered his resignation and will step down immediately, Tabcorp reported. Tabcorp chairman Bruce Akhurst will take on additional duties as executive chairman with immediate effect while the company searches for a new chief executive and managing director.
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5-day change | 1st Jan Change | ||
0.71 AUD | +0.71% | 0.00% | -14.97% |
Apr. 10 | JPMorgan Downgrades Tabcorp to Underweight from Neutral, Price Target is AU$0.67 | MT |
Mar. 14 | Tabcorp CEO resigns after allegations around use of 'inappropriate' language | RE |
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+6.72% | 10.9B | |
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+5.49% | 2.08B | |
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+21.91% | 1.52B |
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