| Elmer Funke Kupper appointed Chief Executive Australian Business |
Tabcorp today announced the appointment of Elmer Funke Kupper to the new position of Chief Executive Australian Business with responsibility for the existing Wagering, Gaming and Media Divisions.
Mr Funke Kupper’s appointment is part of Tabcorp’s strategy to accelerate the development of new growth opportunities and create a simpler, more customer focused organisation structure.
Mr Funke Kupper, 40, joins Tabcorp after holding several senior executive positions with the Australia and New Zealand Banking Group Limited (ANZ), including Group Managing Director Asia Pacific and Managing Director Personal Banking and Wealth Management. He holds a Masters in Business Administration from Nijenrode University, The Netherlands. He will be based in Melbourne and commences late February, subject to all regulatory approvals.
The creation of the Chief Executive Australian Business role will allow Tabcorp to improve the customer experience across the three businesses, strengthen the Tabcorp brand and drive for higher revenue and earnings growth. As part of the restructure, the heads of the Wagering, Media and Gaming Divisions will report to Mr Funke Kupper.
The appointment of Mr Funke Kupper follows the announcement last month that Walter Bugno, 45, has been appointed to the position of Chief Executive Casinos, subject to all regulatory approvals. Mr Bugno joins the company from Campbell Arnott’s where he was President Asia Pacific.
The two new appointments allow Tabcorp’s Managing Director and Chief Executive Officer Matthew Slatter to spend more time progressing the strategic direction and growth opportunities for the company, both in Australia and in international markets. Mr Funke Kupper and Mr Bugno will report to Mr Slatter.
Mr Slatter said the company’s new structure puts further focus on customer service, revenue growth and brand management and creates the capacity to pursue strategic opportunities in a number of markets.
“These appointments lift our bench strength and mark the next phase in Tabcorp’s strategy to pursue expansion opportunities. They allow us to further improve the customer experience in our existing businesses, create synergies and generate growth opportunities in Australia and international markets.
“Tabcorp is continuing to invest in the capabilities that will deliver high performance and growth and give our customers first-class gambling and entertainment experiences,” Mr Slatter said.
For more information, please contact:
Bruce Tobin, General Manager Corporate Affairs
03 9868 2508