Crown CEO Ken Barton resigns, and may walk away with up to $60 million
Eamon Gallagher, SMH Crown CEO Ken Barton has resigned after an inquiry showed it had failed to stem money laundering. The Bergin Inquiry found Barton was "no match" for what's needed at the helm of a casino licensee. Barton may walk away with up to $60 million (AUD 77 million) in compensation. Crown's top executive could not survive a damning inquiry that found regulators could not have confidence in the company under his stewardship. CEO and managing director Ken Barton stepped down on Monday after Crown was hung out to dry by an inquiry that found its Sydney o...
Source: businessinsider.com