Last of James Packer's men steps down from Crown board
Crown director John Poynton has resigned in the wake of the Bergin report, which has claimed the jobs of five of the gaming giant's board members.
Mr Poynton's resignation is effective immediately and he is the last of James Packer's direct representatives on the board.
Executive chairman Helen Coonan said the Independent Liquor and Gaming Authority (ILGA) had advised for Mr Poynton to step down due to a "perceived lack of independence" arising out of his past relationship with Mr Packer and Consolidated Press Holdings (CPH).
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"As a result, John has agreed to resign in the best interests of Crown and our shareholders, despite no adverse findings by the Commissioner in the ILGA Inquiry in relation to his suitability, integrity or performance," she said in a statement.
"On behalf of the Board, I thank John for his contribution to Crown over many years."
Mr Poynton had been a member of the board of Crown since November 2018 and a director of Crown Perth since 2004.
His resignation follows a spate of other senior staff departures.
Crown deemed 'not suitable' to hold gaming licence at Barangaroo
Three weeks ago, Crown was found to be "not suitable" to hold a gaming licence for its new $2.2 billion casino at Barangaroo in Sydney.
The finding comes from an inquiry report by former Supreme Court judge Patricia Bergin into the suitability of Crown to operate a casino licence amid allegations of money laundering.
The report found that that in its current form Crown Sydney Gaming Pty Ltd - the licensee for the new casino - was not suitable to hold a licence.
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In the report, Ms Bergin recommended Crown sweep out its board, conduct an extensive financial audit and eliminate covert influence from major shareholder Mr Packer.
A full list of recommendations made by the Bergin report can be found below.
The casualties of the report are already stacking up.
A day after the report recommended Mr Packer stop his "remote manoeuvring", directors Guy Jalland and Michael Johnston announced their resignations to shareholders.
Mr Jalland and Mr Johnston are the nominee directors of Consolidated Press Holdings (CPH), the private company run by Mr Packer which is the major shareholder of Crown with a 37 per cent share.
Two days later Crown Resorts director Andrew Demetriou quit, followed by CEO Ken Barton.
Chair Helen Coonan, who escaped the report unscathed, is now executive chairman in the interim and has pledged change on behalf of the approximately 20,000 Australians who work for the business.
Crown Resorts chair pledges change for 20,000 employees
What changes does Crown need to make to get a gaming licence for Barangaroo?
According to the Bergin report, six major changes would have to be made for Crown to be assessed as being suitable to hold a gaming licence for its Barangaroo site.
1. The first is a "full and wide-ranging forensic audit" of all accounts to ensure "criminal elements" are not connected in any way.
2. The second requires James Packer to cease "remote manoeuvring", in the report's words. The report alleges Mr Packer had the power to influence company directors despite his absence from the Crown Board. It recommends that some form of "mechanism" which sees Mr Packer share confidential information with the board via the NSW Liquor and Gaming Authority.
3. The third is a restructure of the Crown Board.
4. The fourth is a compliance audit to ensure that whatever changes Crown pledges to make are carried through.
5. The fifth is for Crown to cease dealing with junket operators that are unlicensed or unregulated by the Authority.
6. The sixth is to create a better relationship with the Authority, one which is "respectful and co-operative".