The CEO and Managing Director of Crown Resorts has become the latest executive to resign from the company, after it was found the firm was not suitable to hold a gaming licence in Sydney.
Ken Barton has stepped down as CEO and Managing Director, a statement said.
Helen Coonan will become Executive Chairman on an interim basis until a new CEO is found.
Mr Barton said he was, “absolutely certain the business is now on the right path as it works to restore confidence in its operations.”
Ms Coonan said Mr Barton had been at the company for more than a decade, and had “always put the interests of Crown first.”
“Assuming the role of Executive Chairman is a decision I have not taken lightly but the Board feels it provides leadership stability and certainty at this important time for the business,” she said.
“The Board is determined to maintain the momentum as Crown takes significant steps to improve our governance, compliance and culture.
“Working closely with the NSW Independent Liquor and Gaming Authority and regulators in Victoria and Western Australia, I will continue to lead on implementation of Crown’s ambitious reform program.”