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Helen Coonan

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Ziggy Switkowski to replace Coonan as Crown chair

Ziggy Switkowski to replace Coonan as Crown chair

Crisis-stricken casino giant Crown Resorts has appointed former Telstra boss Ziggy Switkowski as its next chairman to replace Helen Coonan, who will resign from the company on Friday.

  • by Patrick Hatch

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Boomsday scenario: Earnings season set to defy COVID doom

Boomsday scenario: Earnings season set to defy COVID doom

Anyone keen to understand why the sharemarket is hitting record highs despite lockdowns would do well to pay attention to the corporate earnings season.

  • by Colin Kruger
Packer’s wealth on a knife edge as Crown becomes biggest gamble on ASX
Opinion
Casinos

Packer’s wealth on a knife edge as Crown becomes biggest gamble on ASX

If Crown loses its Victoria licence, the hit for James Packer would be enormous. Most of his wealth is tied up in his 37 per cent stake in Crown and his lifestyle is funded from the hundreds of millions of dollars it generates.

  • by Elizabeth Knight
‘Huge problem for government too’: Crown warned minister on adverse findings

‘Huge problem for government too’: Crown warned minister on adverse findings

Crown’s Helen Coonan has denied trying to interfere with Victoria’s royal commission into the group when she wrote to the gaming minister to warn findings against its Melbourne casino licence would be a “huge problem for the government too”.

  • by Patrick Hatch
Investors tell Crown to move now on takeover interest

Investors tell Crown to move now on takeover interest

Crown Resorts faces growing calls from shareholders to start a formal sale process for the wounded casino giant after becoming the subject of a bidding war. 

  • by Patrick Hatch
Packer ‘open’ to Crown takeover but will make own call on bid

Packer ‘open’ to Crown takeover but will make own call on bid

James Packer has indicated he is open to selling his 37 per cent stake in the casino group Crown Resorts following an $8 billion takeover offer from private equity giant Blackstone.

  • by Patrick Hatch
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Will $3b in cash be enough to heal Packer’s bruised reputation?
Opinion
Casinos

Will $3b in cash be enough to heal Packer’s bruised reputation?

The smart money was waiting for a proposal from The Star for a merger of the two casino giants but it is James Packer who holds all the cards in who ends up owning the casino group.

  • by Elizabeth Knight
Andrews throws Crown a lifeline disguised as punishment
Opinion
Casinos

Andrews throws Crown a lifeline disguised as punishment

The Victorian Premier worked the loudhailer on Tuesday to assure the public that he is willing to rip up Crown’s licence if the royal commission finds it unsuitable.

  • by Elizabeth Knight
If this is the new transparent Crown, then ‘saviour’ Coonan needs to work miracles
Opinion
Casinos

If this is the new transparent Crown, then ‘saviour’ Coonan needs to work miracles

Helen Coonan turned herself inside out attempting to answer questions on whether she is part of Crown’s problem rather than its solution.

  • by Elizabeth Knight
Under-fire director Harold Mitchell to lead the search for new Crown board members

Under-fire director Harold Mitchell to lead the search for new Crown board members

Casino giant Crown Resorts’ search for new board members is being led by Harold Mitchell who himself is under pressure to resign.

  • by Patrick Hatch and Anne Hyland
Packer will be parched as Crown’s dividend drought likely to drag on
Opinion
Casinos

Packer will be parched as Crown’s dividend drought likely to drag on

James Packer’s 37 per cent stake in Crown is his largest investment and the dividend it yields is his major source of income.

  • by Elizabeth Knight

Original URL: https://www.smh.com.au/topic/helen-lloyd-coonan-39o