Echo Entertainment Group Limited (Echo) today announced that Managing Director and CEO John Redmond would retire from the company during 2H14 and return to the United States of America. He has begun the transition of his responsibilities to Matt Bekier who will become Managing Director and CEO, having served as CFO and an Executive Director of
Echo since the company’s establishment as a separate listed entity.
Chairman John O’Neill AO said: “Over a year ago, John Redmond agreed to move from his Non-Executive Director position into the CEO role to assist in leading the company after a very difficult period. He has established solid foundations for profitable future growth. He has also delivered the first stage of Echo’s development plans for South East Queensland. As a company, we are fortunate to have had the leadership of a man of John’s calibre during this period, and we are grateful for his contribution. We understand the personal reasons that are taking John and his wife Carla back to their home in the US, and we wish them all the best for their future.