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The Star appoints Bruce Mathieson Jr as new CEO
Just 24 hours after Steve McCann left the CEO position, the Star Entertainment Group appointed Bruce Mathieson Jr. as the new CEO.
Additionally, Soo Kim, a Bally’s Corporation appointee and major shareholder, will replace Mathieson’s previous position as chairman.
Newly appointed CEO Mathieson had been acting as the non-executive chair of the Star since December 1, 2025, after the resignation of Anne Ward.
The two new appointments mark the final stage of the Star’s partial buyout by Bally’s and Mathieson Company Investment Holdings Pty Ltd. Initially, Kim was behind the $250 million proposal for the buyout in March 2025. Bally’s now owns 2.5 billion shares, equal to 37.6% of the company, while Investment Holdings owns 23.16% of the stock.
Kim stated:
“We are fortunate to have Bruce lead our company as CEO. We understand what an honor and responsibility it is to join and contribute to the board. We are confident our best days are ahead.”
The Star noted that Mathieson’s appointment is still subject to agreement on final documentation, and the terms of his employment are expected to be published after they are finalized.
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