By Ian Neubauer
Tabcorp has announced that equity markets executive, Brett Paton, has been appointed as a director of the company, subject to regulatory approval.
Paton, 53, worked at investment bank UBS for 32 years in a variety of roles, including chairman of capital markets, managing director of global investment banking and as a member of the bank’s Australian executive committee. Paton is also a racing enthusiast and has interests in thoroughbred racehorses.
Tabcorp chairman John Story said Paton would bring strong strategic and financial experience to the company.
“Tabcorp will benefit greatly from Brett’s intimate understanding of capital markets. His impressive credential in the financial sector will further strengthen the Tabcorp Board,” story said.