Crown Resorts CEO's pay triples
Monday, 19 September, 2016 - 12:39
Crown Resorts boss Rowen Craigie was paid $5.7 million last year, the casino group's latest annual report shows, up from $5.2 million in 2014-15.
James Packer is the Director of Crown Resorts. Crown is one of Australia’s largest resort and entertainment groups. It has properties and investments in Melbourne, Perth, Macau and London.
NEWS: Tagged in Stokes on top with media play | 27 Sep 2023 | |
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NEWS: Tagged in There were many oversights: Packer on Crown | 29 Oct 2021 | |
NEWS: Tagged in Former Crown Resorts boss grilled about Packer relationship | 19 Aug 2021 | |
NEWS: Tagged in Poynton quits Crown Resorts | 01 Mar 2021 | |
NEWS: Tagged in Crown starts board changes | 10 Feb 2021 | |
NEWS: Tagged in Crown casino 'arrogant', inquiry hears | 09 Nov 2020 | |
NEWS: Tagged in Crown 'not fit' to run new Sydney casino | 04 Nov 2020 |
Crown Resorts boss Rowen Craigie was paid $5.7 million last year, the casino group's latest annual report shows, up from $5.2 million in 2014-15.
Shares in James Packer's casinos operator Crown Resorts have fallen sharply in the wake of China's detention of 18 Crown employees, as investors fear a crackdown on gambling in China.
Casinos giant Crown Resorts has dumped plans to spin-off its international assets and further reduced its stake in its Macau joint venture, Melco Crown Entertainment amid a suite of strategic changes.
Crown Resorts has announced a new chairman and the return of billionaire James Packer to its board, just one year after he quit to focus on the casino operator's development projects.
Casinos operator Crown Resorts has quit the major gambling destination of Macau after a series of setbacks, including last year's detention of 15 employees by Chinese authorities.
The Crown Resorts employees detained in China have all been charged with the illegal promotion of gambling on the Chinese mainland.
Ten Network must find new financiers or face the possibility of going into administration after billionaire shareholders Lachlan Murdoch and Bruce Gordon refused to back a new funding deal for the loss-making commercial free-to-air broadcaster.
Casinos operator Crown Resorts will not reveal its plans for lifting its ailing VIP high-roller business, after reporting a 15.5 per cent fall in normalised net profit for the 2017 financial year.
Ten Network says it did not tell shareholders that James Packer was pulling the plug on his financial support for the troubled broadcaster because his backing was not a factor in its share price.
Perth-based John Poynton has been appointed as a non-executive director of Crown Resorts, replacing billionaire James Packer.
Crown Resorts shares have soared after the casino operator confirmed talks with Wynn Resorts over a $10 billion cash-and-scrip takeover proposal by the Las Vegas gambling giant.
Wynn Resorts has abruptly ended talks over its $10 billion takeover proposal for Crown Resorts, blaming the Australian casino operator for revealing the potential deal too early.
James Packer has sold a $1.76 billion stake in Crown Resorts to Hong Kong-based Melco Resorts & Entertainment.
Andrew and Nicola Forrest's Minderoo Foundation has committed $70 million to Australia's bushfire response, far exceeding the contributions made by big companies across the country.
The federal government has announced a $50 million emergency fund to address the loss of wildlife during the nation’s bushfire season, as more Australian businesses have pledged millions in combined donations.
John Poynton has said it was not his responsibility to inform Crown Resort's board of James Packer's intention to sell his stake in the company to now-deceased billionaire Stanley Ho.
Billionaire James Packer agrees he engaged in shameful and disgraceful conduct by threatening a businessman over a proposal to privatise Crown Resorts.
Controversial billionaire businessman Stanley Ho was meant to have no involvement in Crown Resorts or its proposed new Sydney casino.
Crown Resorts has apologised to shareholders for governance and risk management failures unearthed by a NSW inquiry, while an investor revolt prompted a director to resign.
An inquiry by the NSW gaming regulator has heard Crown Resorts is not suitable to hold the licence for a soon-to-be-open $2.2 billion casino in Sydney.
Crown Resorts was ignorant or apathetic to money laundering risks, an inquiry into the company's suitability to run a new $2.2 billion casino has heard.
James Packer is not to blame for the failures of Crown Resorts, his lawyers have told an inquiry into whether the gaming giant is suitable to run a new Sydney casino.
Crown has declared it will stop dealing with all junket operations as it continues its bid to persuade the NSW gaming regulator that the public company is fit to run a new $2.2 billion casino in Sydney.
Crown Resorts will not be allowed to open its new casino in Sydney next month due to "extremely concerning" evidence at a NSW gaming regulator inquiry.
Casino giant Crown Resorts is not fit to run its $2.2 billion Sydney casino because it facilitated money laundering and has other "deep" problems, a highly anticipated report has found.
The NSW inquiry into Crown Resorts has made scathing assessments of its key WA executives but director John Poynton has emerged with his reputation intact.
Crown Resorts has announced three changes to its board after yesterday's damning NSW report, with two directors resigning and Perth-based director John Poynton severing his ties with major shareholder James Packer.
Crown Resorts has promised "root and branch' changes to satisfy NSW regulators threatening to deny it a Sydney gaming licence, ahead of the April expiry of the venue's liquor licence.
John Poynton has resigned as a director of Crown Resorts and chairman of Crown Perth, leaving the group bereft of experienced directors or executives in Perth.
James Packer will consider selling his 37 per cent stake in embattled Crown Resorts after US investment fund Blackstone last month made an unsolicited $8 billion offer for the gaming giant.
Crown Resorts has received a $3 billion funding proposal from a private equity group that would allow it to buy out major shareholder James Packer.
ANALYSIS: The relationship between commissioner Neville Owen and Kerry Stokes has unexpectedly become the big news to emerge from the Perth Casino Royal Commission.
Premier Mark McGowan has continued to defend Neville Owen, despite revelations about multiple links between the royal commissioner, Kerry Stokes and the Crown casino inquiry.
Former Crown Resorts boss John Alexander has been quizzed about his relationship with the company's largest shareholder during today's Perth Casino Royal Commission.
Neville Owen’s ties to Kerry Stokes have created more complications for the Crown casino inquiry after Business News unearthed details of a joint venture with Tim Roberts.
Billionaire James Packer has been summoned to face a Western Australian royal commission examining whether Crown should retain its Perth casino licence.
Billionaire James Packer has admitted he should have resigned as chair of the board overseeing Perth casino earlier, while conceding there were many oversights during his time at the helm.
James Packer’s lawyers claim his reign as an influential figure at Crown is over, as the Perth Casino Royal Commission prepares to deliver its findings.
ANALYSIS: The royal commission had very few surprises, other than its failure to draw clear conclusions on some of the key issues or the top people who ran the casino.
After having two goes at providing evidence in the McGowan versus Palmer defamation case, John Quigley has some clearing up to do closer to home.
Position | Company | Year | Company's current rank |
---|---|---|---|
Director
|
2017 - 2018 | ||
Director, Executive Chair
|
1999 - 2015 | ||
Non-Executive Director
|
2004 - 2007 |