Tabcorp Appoints Mark Howell as CFO, Bolstering Financial Expertise

Mark Howell currently holds the position of general manager of liquor finance and network optimization at the Coles Group, a major Australian supermarket chain. His journey with Coles began in 2017, where he played a crucial role in various capacities, including general manager of group strategy, business development, and investor relations.

Before his tenure at Coles, Howell spent over four years with Queensland Venue, an incorporated Joint Venture between Coles and Australian Venue Co, operating restaurants and alcohol stores across the state. His earlier experiences include roles at financial advisory firm Rothschild and Co, and a nine-year stint with the banking giant Goldman Sachs.

Mark Howell's appointment comes as a replacement for the outgoing CFO, Daniel Renshaw, and he is expected to assume office by June 2024. Tabcorp’s managing director and CEO, Adam Rytenskild, expressed confidence in Howell's capabilities, emphasizing that his arrival aligns perfectly with the company's ongoing transformation.

Rytenskild highlighted Howell's passion for growth and dynamic thinking, considering it a perfect fit for Tabcorp. Given the competitive nature of Australia's wagering sector, Rytenskild stressed the importance of having leaders with robust financial expertise. Howell's background in a similarly competitive and customer-focused industry positions him well to contribute significantly to Tabcorp.

Rytenskild emphasized that Howell's experience in leading finance teams at Coles and his close collaboration with investors will be invaluable for Tabcorp. This strategic move aims to fortify Tabcorp's financial standing and enhance its capabilities in the fiercely competitive gambling industry.