Crown Resorts Limited announced that Mr. Robert Rankin will be stepping down as Chairman of the company, effective February 01, 2017 and John Alexander, currently Executive Deputy Chairman, has been appointed as Executive Chairman, also with effect from February 01, 2017. Mr. Rankin will remain as a Crown Resorts Limited director and a director of Melco Crown Entertainment Limited. In addition, James Packer has been appointed as a director of Crown Resorts, following the receipt of a nomination by Consolidated Press Holdings Pty Ltd. (CPH). Mr. Packer’s appointment as a director of Crown Resorts is subject to the receipt of all regulatory approvals (if any). The Board has also been advised of the intention of CPH to nominate Guy Jalland to the next casual vacancy on the Crown Resorts Board, or by the expansion of the size of the board at the next AGM, if approved by shareholders.