James Packer resigns from Consolidated Press Holdings board

BILLIONAIRE James Packer has resigned from his family company as he “continues his recovery” from mental illness.

BILLIONAIRE James Packer has resigned from the board of family company Consolidated Press Holdings as he battles mental health problems.

Documents filed with the corporate regulator show Mr Packer stepped down on June 27. A CPH spokesman confirmed Mr Packer had “stepped off the CPH board as he continues his recovery from illness”.

It comes after Mr Packer resigned from his casino company Crown Resorts in March citing “mental health issues”, later checking in to an exclusive $5000-a-night rehab facility in Boston.

The shock announcement came following a difficult few years for the casino mogul, including a whirlwind romance and dramatic breakup with fiancee Mariah Carey and connections to a corruption scandal engulfing the Israeli prime minister.

At the time, BeyondBlue praised Mr Packer’s decision to acknowledge his issues publicly, saying talking openly about mental health conditions helped reduce stigma and countered outdated attitudes.

“Mental health issues can affect anyone at any time — no one is immune,” chief executive Georgie Harman said. “When anyone — including a high-profile person — is prepared to talk publicly about these matters it encourages others to have the conversation.”

If you need help, please contact Beyond Blue, 1300 224 636.