The Lottery Corporation (TLC) has appointed Allwyn North America executive Wayne Pickup as its next managing director and chief executive.
Pickup has served as CEO of Allwyn North America since March 2018 but is stepping down on 14 November to join the Australian lottery operator on 24 November, with his appointment subject to necessary regulatory approvals in relevant jurisdictions.
Based in Brisbane, he will succeed Sue van der Merwe, who announced her retirement in March after a 35-year career in lotteries, including three years leading TLC.
Van der Merwe will continue in her role until Pickup commences and will work closely with the Board to help ensure a smooth transition.
Prior to his time at Allwyn, Pickup was CEO of Lotto New Zealand and also held senior positions at GTECH Corporation (now Brightstar) in both Australia and Europe.
“Wayne is a proven leader with a strong track record and a deep understanding of lotteries developed over many years in the industry,” said Doug McTaggart, chairman of The Lottery Corporation. “Having held senior leadership roles in technology, product management and game management, Wayne brings a diverse skill set and understanding of high-performing lotteries businesses.
“He is a high-calibre appointment who takes over from Sue at an exciting time for The Lottery Corporation, its shareholders and its customers.”
McTaggart added: “I want to pay tribute to Sue for her long and successful career in lotteries which has spanned almost 35 years – including leading TLC over the past three years. Her deep experience and expertise have helped TLC to become the leading operator of lottery and Keno games in Australia, and one of the best performing lottery businesses in the world.”
Commenting on his appointment, Pickup said: “I am honoured by the appointment and excited to join The Lottery Corporation at such a pivotal time. The Australian lottery market has tremendous potential for innovation and growth and I look forward to working with the talented team at The Lottery Corporation to deliver value for shareholders while enhancing the lottery experience for millions of customers across Australia.”
Shares in The Lottery Corporation Ltd (ASX:TLC) closed 1.28 per cent lower at A$5.38 per share in Sydney Monday.