Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Birthday : 09/08/1967
Place of birth : Sydney - Australia
Biography : James Douglas Packer is a businessperson who has been at the head of 5 different companies is on the board of Burswood Ltd., Consolidated Gaming Pty Ltd. and Nobu Hospitality LLC. In his past career he occupied the position of Senior Executive Director at Crown Resorts Ltd., Chairman at Consolidated Press Holdings Pty Ltd., Executive Chairman at Publishing & Broadcasting Ltd., Executive Chairman at Consolidated Press Holdings Ltd. and Deputy Chairman of Melco Resorts & Entertainment Ltd.

James Packer Steps Down from Board of Crown Investor Consolidated Press Holdings

share with twitter share with LinkedIn share with facebook
share via e-mail
07/09/2018 | 05:30am CEST

By Mike Cherney

SYDNEY--Australian billionaire James Packer has stepped down from the board of his investment company, further reducing his involvement in his business empire after struggling with mental-health issues.

A spokesperson for the investment company, Consolidated Press Holdings, confirmed that Mr. Packer had stepped down from the board "as he continues his recovery."

CPH is the largest shareholder in Australian casino company Crown Resorts, in which it holds a roughly 47% stake. Mr. Packer had also been serving on Crown's board, but he resigned in March.

The casino company attracted international attention in 2016 after some employees were detained by Chinese authorities, leading to concerns that lucrative Chinese high-rollers might curtail visits to overseas casinos.

Crown is currently building a pricey casino-resort complex on Sydney's waterfront.

-Write to Mike Cherney at mike.cherney@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
1  2  3  4  5  6  7  8  9  10Next