By Andrew Starke
Tabcorp has announced the resignation of its managing director of wagering, Robert Nason, after a three year stint with the company.
Nason, 54, is leaving Tabcorp to take up a senior executive position with Telstra.
He will leave on December 31 after leading the wagering division for more than three years.
Tabcorp’s CEO, Elmer Funke Kupper, will take over day to day responsibility for wagering until a new managing director for the division is appointed.
The company said a recruitment process is underway and that it would involve a global search.
“Robert has done a good job for Tabcorp,” said Kupper. “He led the wagering business through the difficult days of equine influenza, improved operational performance and reliability and positioned the business well to succeed in a rapidly changing market place. We wish Robert all the best in his new role.”
Nason’s announcement has let to speculation in some quarters that Tabcorp is considering selling its NSW TAB business to the Tatts group.
Tabcorp shares were trading at $7.22 at midday today (Dec 2) compared to $7.16 seven days ago.