The Lottery Corporation Limited (ASX: TLC) has announced that Managing Director and CEO, Sue van der Merwe, will retire by the end of calendar year 2025, bringing to a close a distinguished career spanning almost 35 years in the lottery industry.
Sue has been at the helm of TLC since its listing in 2022, leading the business through its transformation into Australia’s leading operator of lottery and Keno games. The Board has already kicked off a comprehensive global search for her successor, considering both internal and external candidates. In the meantime, Ms van der Merwe will remain in her role and work closely with the Board to ensure a smooth and orderly transition.
A Career Worth Celebrating
Reflecting on her decision, Ms van der Merwe said:
“Leading TLC over the past three years has been a privilege and I am exceptionally proud of the results we, as a team, have delivered… The close to 35 years I’ve spent in the lottery industry, culminating in leading TLC, has been an incredible career journey.”
She also spoke warmly of the culture at TLC, calling it a business with “strong fundamentals, unique characteristics and a bright future.”
Chairman’s Tribute
TLC Chairman Dr Doug McTaggart paid tribute to her long-standing contribution, saying:
“Sue has played an instrumental role in the success of the lottery industry in Australia… and leaves behind an enduring legacy of a company with a bright future, supported by a highly capable team and an exceptional culture.”
Under her leadership, TLC has established itself not only as an ASX-listed success story, but also as one of the best-performing lottery businesses globally.
As TLC enters the next chapter, shareholders can be reassured that the company’s strong momentum, high-performing team, and clear strategic direction remain firmly in place.
