High profile Australian billionaire James Packer has resigned as a director of his company Crown Resorts as he battles “mental health issues”.
The company has today confirmed the shock move, in a brief statement to the Australian Securities Exchange.
“We have appreciated James’ contribution to the Board and respect his decision to step down from his role as a director at this time,” executive chairman John Alexander said.
ARTICLE CONTINUES AFTER THIS ADVERTISEMENT
While the 50-year-old’s private investment company Consolidated Press Holdings revealed he is taking some much-needed time off.
“Mr Packer is suffering from mental health issues,” a spokesman for the company said in a separate statement.
“At this time he intends to step back from all commitments.”
— 7 News Brisbane (@7NewsBrisbane) March 20, 2018
If you are in immediate danger call 000 now. If you require advice or assistance, the following services can offer counselling and support:
Lifeline 13 11 14 | visit website
Beyond Blue 1300 22 4636 | visit website
Kids Helpline 1800 55 1800 | visit website
MensLine Australia 1300 789 978 | visit website