Aristocrat Parts Company With Chief Financial Officer

Aristocrat Leisure Limited, the Australian developer of casino slot machines and digital games, has announced that Julie Cameron-Doe, the company’s Chief Financial Officer, will leave the corporation on April 15.

Julie Cameron-Doe will not leave the gaming industry, though, as she will become the new Chief Financial Officer of Wynn Resorts, an international company that develops and operates casino resorts in Macau and Las Vegas. Wynn Resorts needed a new Chief Financial Officer after Craig Billings, the previous CFO, was promoted to the position of Chief Executive Officer.

Julie Cameron-Doe has been the Chief Financial Officer of Aristocrat Leisure Limited since January 2018. The company announced that on April 15 she will be replaced on an interim basis by Sally Denby, the Deputy Chief Financial Officer.

Denby has been working at Aristocrat for more than seven years, occupying senior finance roles within the company, including a four-year tenure as the corporation’s general manager of finance.

Aristocrat Leisure Limited also announced that a global search for a permanent replacement for Julie Cameron-Doe is ongoing. Trevor Croker, the Chief Executive Officer and Managing Director of Aristocrat, described Julie Cameron-Doe as “an exceptional partner” and thanked the former CFO “for her dedicated service to Aristocrat over the past eight years.”

Earlier this year, Aristocrat Leisure Limited announced its plans to launch a new business which would allow the company to enter the online real money gaming market.

Trevor Croker, the Chief Executive Officer of Aristocrat, explained that this move would produce the company’s third operating business, complementing Aristocrat Gaming, the slot machine division, and Pixel United, the social gaming business.

The third brand, which will be dedicated exclusively to online real money gaming, will be led by Mitchell Bowen, the Chief Executive Officer of Aristocrat Gaming. Bowen will be replaced by Hector Fernandez as Chief Executive Officer of Aristocrat Gaming, and more appointments, both internal and external, are expected to be made before the real money gaming business becomes operational.

Aristocrat is planning to invest heavily in building its own real-money gaming platform, and acquiring other businesses is one of the methods that the company is ready to use. In fact, the Australian company was ready to spend almost 3 billion dollars on the acquisition of Playtech, but the takeover bid was eventually rejected by the shareholders.

Source: . iGaming Business. April 13, 2022.