Galaxy Entertainment Group (GEG) announced last week that Robert Drake will exit his role as chief financial officer of the company effective March 1, to be replaced by Ted Chan, formerly chief operating officer of the group’s Japan development division.
According to Asia Gaming Brief, GEG issued a statement saying Drake is leaving to “pursue his personal interests.”
Drake had worked with GEG for more than 15 years, most recently helping the group navigate the Covid-19 pandemic and help it secure a second gaming concession. The 10-year concession began January 1.
Chan initially joined GEG in 2018, as COO of the Japan Development arm, having previously served as the COO of Melco, before resigning in 2016 for “personal reasons.” Before that, Chan worked at a unit of the Amax group, which operated VIP gaming services in Macau.
Drake will now serve as a senior advisor to the company. GEG Vice Chairman Francis Lui said, “I look forward to continuing our relationship with Bob.”
Speaking about Chan’s promotion, Lui said, “The unique combination of Ted’s wealth of local integrated resort knowledge combined with his over two decades of management experience and familiarity with GEG makes him ideally suited for the role.”
