The Star Entertainment Names Soo Kim Chairman as Bruce Mathieson Jnr Moves to CEO
The Star Entertainment Group has reshuffled its leadership, appointing Soo Kim as Chairman and Bruce Mathieson Jnr as CEO, signaling a new strategic phase for the casino giant.
- Bruce Mathieson Jnr steps down as Chairman, appointed CEO
- Soo Kim takes over as Chairman of the Board
- Peter Hodgson and Toni Thornton resign as Non-Executive Directors
- Board now comprises Soo Kim, Bruce Mathieson Jnr, and George Papanier
- CEO employment terms pending finalisation and ASX announcement
Leadership Reshuffle at The Star Entertainment
The Star Entertainment Group, a major player in Australia's casino and resort sector, has announced significant changes to its board and executive leadership. On 16 December 2025, Bruce Mathieson Jnr stepped down as Chairman and was appointed Chief Executive Officer, pending final documentation. Soo Kim has been named the new Chairman, while Peter Hodgson and Toni Thornton resigned as Non-Executive Directors.
A New Chapter for The Star
This leadership transition marks a pivotal moment for The Star. Bruce Mathieson Jnr’s move from Chairman to CEO suggests a strategic shift, potentially bringing a more hands-on approach to day-to-day operations. Soo Kim’s appointment as Chairman introduces fresh governance oversight, supported by George Papanier who remains on the board. The streamlined board now consists of just three members, indicating a tighter leadership core.
Implications for Governance and Strategy
The departure of two Non-Executive Directors, Hodgson and Thornton, reduces the board’s size and may reflect a realignment of priorities or a response to evolving regulatory and market conditions. The Star’s announcement also notes that Don Pasquariello’s appointment as a Non-Executive Director is still awaiting regulatory and ministerial approvals, which could further shape the board’s composition in the near future.
Looking Ahead
While the material terms of Bruce Mathieson Jnr’s CEO employment agreement remain undisclosed, investors will be watching closely for details that could signal the company’s strategic direction. Soo Kim’s confidence in the company’s future, expressed in his statement, underscores a positive outlook despite the leadership shake-up. The Star’s next steps will be critical in maintaining market confidence and navigating the competitive entertainment landscape.
Bottom Line?
The Star’s leadership overhaul sets the stage for a strategic reset, with eyes on the CEO’s finalised mandate and board evolution.
Questions in the middle?
- What strategic priorities will Bruce Mathieson Jnr pursue as CEO?
- How will the reduced board size affect governance and decision-making?
- When will regulatory approvals for new Non-Executive Directors be secured?
