Australia ASX-listed gambling technology firm Aristocrat Leisure is seeking a new Chief Financial Officer (CFO), following the decision of current incumbent Toni Korsanos not to relocate to Las Vegas.
Following a corporate restructure, Aristocrat has plans to relocate its executive management team to Las Vegas, moving the company closer to its main market.
However, Korsanos who has acted as CFO since 2007 has decided not to join Chief Executive Trevor Croker and the firm’s executive team in its relocation to North America.
Aristocrat governance made investors aware of Korsanos decision, publishing a corporate update on the ASX and further detailed that it had begun a ‘global executive search’ for her replacement.
CEO Trevor Croker stated that the company ‘understood her decision which was made for ‘family reasons’. Croker detailed that Korsanos had been an exceptional CFO continually guiding the through acquisition and delivering on key metrics.
“I deeply regret but fully respect Toni’s decision not to relocate, and to instead embrace new challenges, progressing her executive career and pursuing her interest in non-executive directorships among other opportunities,