The Star has named Charlie Diao as the Group’s new CFO, subject to the acquisition of an Australian work visa.
Diao will join the Star from Bally’s Corporate, where he has served as SVP, Finance and Corporate Treasurer since 2023.
He is also the CFO of Bally’s Chicago, a role he has held for just over a year.
During his time at Bally’s, Diao was integral in the $3.1bn transaction deal that merged Bally’s International Interactive with Intralot.
Interestingly, he also led a significant investment agreement between Bally’s and The Star from this role.
Once at The Star, Diao will be responsible for spearheading strategies to improve financial stability and ongoing transformation activities.
Bruce Mathieson Jnr, The Star CEO and Managing Director, said: “Charlie brings deep financial expertise and global experience at a pivotal time for The Star. His leadership will be instrumental as we continue to stabilise the business, strengthen our governance settings, and position the Company for long-term performance.
“We are also pleased to welcome John, David and Tom to their respective roles. Together, these appointments enhance the stability and capability of our senior leadership team and support the ongoing transformation of The Star.”
Prior to joining the gaming industry, Diao gained experience across several different industries, including telecommunications, private investments, cybersecurity, tobacco and software development.
Alongside Diao, The Star has made several key appointments across the Board as it continues to transform the business.
John Koster is the new CEO of The Star Sydney, David Whimpey is the COO and Interim CEO of The Star Brisband and David Schollenberger joined The Star last week as Deputy Group Chief Legal Officer
There are also reports of Stanford Le stepping down as CEO of Crown Sydney. Global Gaming Insider has reached out for comment.
Diao has a MBA in Finance from Harvard Business School and a BSE in Management Science Engineering from Princeton University
