Former AFL boss Gillon McLachlan to take reins of betting company Tabcorp

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Appointment comes amid growing scrutiny from those who want to break the tight links between wagering companies and sports

Gillon McLachlan’s appointment as Tabcorp chief executive comes after he stepped down as head of the AFL last year.Gillon McLachlan’s appointment as Tabcorp chief executive comes after he stepped down as head of the AFL last year.

McLachlan is expected to take over as Tabcorp’s chief executive in early August, pending necessary approvals. He will receive an annual salary of $1.5m, with a variety of bonuses that could lead to him earning many multiples of his base wage, according to details disclosed on the ASX. “Gill has a deep understanding of sport, racing and wagering, combined with significant commercial acumen which was highlighted in the substantial growth of AFL revenues under his leadership,” Tabcorp’s executive chairman, Bruce Akhurst, said on Monday.McLachlan stepped down as the AFL’s chief executive last year after a decade in the role.

“There are enormous opportunities ahead and I’m looking forward to driving the sport category among other things.” McLachlan was to act in an observer capacity before his anticipated appointment on 5 August. The former Tabcorp chief executive Adam Rytenskild resigned in March.

 

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