Tabcorp Welcomes Mark Howell as New CFO to Drive Transformation

Tabcorp Welcomes Mark Howell as New CFO to Drive Transformation

In a strategic move, Australian wagering company Tabcorp has appointed Mark Howell as its new Chief Financial Officer (CFO). Howell, previously with Coles, brings a wealth of experience from senior finance, strategy, and business development roles. His background in investment banking at Rothschild and Goldman Sachs adds a dynamic perspective to Tabcorp’s leadership.

Adam Rytenskild, Tabcorp’s Managing Director and CEO, expressed confidence in Howell, emphasizing his passion for growth and dynamic thinking. The wagering industry’s competitiveness in Australia aligns with Howell’s experience in customer-focused sectors. Pending regulatory approvals, this appointment signals Tabcorp’s commitment to transformation.

Tabcorp’s recent collaboration with 1/ST Content underscores its strategic vision. The partnership aims to enhance fixed odds and tote betting services on North American racetracks, leveraging 1/ST Content’s expertise in horse and greyhound racing. This aligns with Tabcorp’s goal to expand international racing content.

This development follows Tabcorp’s positive performance, witnessing a 2% year-on-year revenue growth earlier this year. The appointment of Mark Howell comes after the resignation of the former CFO, Daniel Renshaw, citing personal reasons. Renshaw played a pivotal role in Tabcorp’s successful demerger and the launch of the new Tabcorp.