New Operating Model and Executive Leadership Team Changes

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Stock The Lottery Corporation Ltd (TLC.ASX)
Release Time 5 Mar 2026, 9 a.m.
Price Sensitive Yes
 The Lottery Corporation Announces New Operating Model and Executive Leadership Team Changes
Key Points
  • New customer-facing business units for Lotteries, Digital, and Keno
  • Three enterprise services units for Financial & Corporate Services, Strategy, and People & Brand
  • Changes to Executive Leadership Team, including new COO roles and departures of Chief Customer & Marketing Officer and Chief Legal & Risk Officer
Full Summary

The Lottery Corporation Limited (ASX:TLC) today announces a new operating model designed to support the next stage of the Company's strategy and accelerate growth. This will result in changes to the composition and accountabilities of the Executive Leadership Team, effective from 1 July 2026 (subject to receipt of necessary regulatory approvals). The new structure will create three customer-facing business units: Lotteries, Digital and Keno, each with a distinct mandate and clear accountability to sharpen strategic focus. Supporting these units will be three enterprise services units: Financial & Corporate Services, Strategy and People & Brand. The changes include the appointment of new Chief Operating Officers for each of the customer-facing units, as well as the expansion of the Chief Financial Officer's role and the creation of new Chief Strategy Officer and Chief People and Brand Officer positions. The announcement also states that the Chief Customer & Marketing Officer and Chief Legal & Risk Officer will be leaving the company, with the Chief Financial Officer temporarily assuming the role of Company Secretary until a permanent replacement is appointed.

Outlook

The new operating model and executive leadership changes are designed to support the next stage of the Company's strategy and accelerate growth, with a focus on digital entertainment, local market growth, and faster, better decision-making.