Jamie Odell
Aristocrat Leisure appoints new CEO
(Australia).- Aristocrat Leisure has appointed Jamie Odell as its new CEO and Managing Director after Paul Oneile stepped down in September, three months ahead of schedule.
2008-12-29
Reading time 24 seg
Odell was previously a Foster’s managing director for Australia, Asia and the Pacific. He will be paid an annualized salary of us$ 859,000 and has been appointed during a tough period for the company, which issued a profit warning in October.
Analysts have been wary about the gambling giant’s prospects for next year, as casinos are slashing their spending on capital.
The company enjoyed a share price spike after the news, with analysts generally positive about the appointment. Aristocrat is struggling to find buyers for new games as a recession in the US, its biggest market, crimps demand for slot machines.
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