Tatts CEO to retire at the end of the year
Company begins search for CEO with McIlwain set to retire after six years with the company.
Dick McIlwain will retire from his role as managing director and CEO of Australian operator Tatts Group at the end of this year, the company has announced.
McIlwain joined the company in October 2006. He previously served as chief executive of UNiTAB which merged with Tatts “ then Tattersall’s Ltd “ the same year, after joining in 1989, and was appointed to the board of directors in 1999.
Tatts chairman Harry Boon announced that the company has begun the search for McIlwain’s replacement, saying: “Tatts Group is undertaking a formal global search and selection process assisted by global executive search firm, Russell Reynolds Associates. “The process is underway and will include internal candidates as well as external candidates. The search has been timed to allow for minimum disruption to the business as well as an orderly transition towards the end of the year,” he explained.
Tatts recently completed the acquisition of the Tasmanian Tote with the deal first announced in December last year.