Tabcorp taps former Goldman Sachs exec as CFO
Australian operator moves for Mark Howell to replace Dan Renshaw, with appointment to be made effective before June 2024
Tabcorp has named former Goldman Sachs executive director Mark Howell as its new chief financial officer (CFO).
Howell joins the operator from Australian supermarket giant Coles where he has spent the last six years across multiple divisions.
He originally joined Coles in 2017 ahead of its demerger from Wesfarmers Limited as general manager for group strategy, business development and investor relations.
Then, in April 2022, Howell was named general manager for Coles’ alcohol division.
The finance exec also counts previous investment banking experience with Rothschild as well as Goldman Sachs.
Howell will join Tabcorp before June 2024, but the operator did not provide a concrete start date for the new executive in its update to the market.
Howell will officially replace former CFO Dan Renshaw after he departed the business at the end of August due to personal reasons.
Renshaw brought the curtain down on a decade-plus stint with the Australian firm and was replaced in the interim by former Tabcorp CFO Damien Johnston.
Adam Rytenskild, Tabcorp CEO, said: “Mark is the perfect fit for Tabcorp as we deliver our transformation. He’s passionate about our growth story and dynamic in his thinking.
“Wagering is one of the most competitive industries in Australia and Mark comes from an equally competitive customer-focused industry.
“His experience leading finance teams at Coles and working closely with investors will be invaluable moving forward,” he added.
Arnold Ash is EGR’s Executive Recruitment Partner. They support ambitious organisations to identify and attract industry leading executive talent. Find out more here.
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