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Two key players at Star Entertainment, the CFO and COO, have resigned, one having already left and the other no longer being involved from the end of January 2026. This decision was announced a month after the video game giant. Bally’s Corporation took over the struggling company end of November.
The announcement was made this week that Frank Krile, the group’s chief financial officer, has resigned and left The star starting Monday (December 29, 2025).
The group’s chief executive, Jeannie Mok, has also resigned and will leave at the end of next month. She has been working in the company since June 11, 2024, with the mission of leading the remediation efforts and bring together several functions of the group to provide coordinated and coherent support to the company.
The search process for a new Group Chief Financial Officer will now begin, with an update to be provided in due course.
Speaking about the departures, CEO Bruce Mathieson Jnr said: “I would like to thank Frank and Jeannie for their significant contribution to the company and in particular for their assistance in progressing our remediation plan. I wish them both good luck in their future endeavors.”
Star Entertainment CEO confirmed in announcement alongside resignations
This comes as the company’s board confirmed the appointment of Bruce Mathieson Jnr as group chief executive officer and chief executive officer. The material terms of the agreement have also been published, with the appointment subject to obtaining the necessary regulatory and ministerial approvals in New South Wales and Queensland.
The appointment is rolling, with the total cost of employment estimated at $800,000 per year. The short-term incentive shown represents 60% of its total employment cost at target, with a maximum opportunity of 150% of target, with the incentive prorated for FY26.
“The performance hurdles applicable to the plan will align with those applicable to the remainder of the Executive KMP, as determined by the Board at the start of the performance period. This information will be disclosed in the FY26 compensation report,” the company said in its statement.
Featured Image: Credit to The Star Entertainment Group
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