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James Packer Quits Board of Own Company to Recover From Illness

Angus Whitley
James Packer Quits Board of Own Company to Recover From Illness

Billionaire James Packer stepped down as a director of his private investment company, three months after quitting the board of his casino operator Crown Resorts Ltd. because of mental health issues. The 50-year-old resigned from closely held Consolidated Press Holdings Pty on June 27, according to a notice lodged with the Australian Securities & Investments Commission. Consolidated Press owns about 46 percent of Crown Resorts, according to Bloomberg data.

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