The CEO and managing director of Tabcorp Holdings has resigned, the company announced, following accusations that he used offensive and inappropriate language at work.
The executive tendered his resignation and will take immediate leave after meeting with the board. He will forfeit all unvested short-term and long-term incentive awards and only receive termination payments in accordance with Australian law.
The executive tendered his resignation and will take immediate leave after meeting with the board. He will forfeit all unvested short-term and long-term incentive awards and only receive termination payments in accordance with Australian law.