Toronto, ON – NorthStar Gaming Holdings Inc. has announced significant leadership changes following the departure of Michael Moskowitz, who served as both chief executive officer and chair of the board. The company has moved swiftly to appoint new leaders to guide its next phase of growth and operational discipline.
Goodman Named Interim CEO
The board of directors has elected Corey Goodman, co-founder and current chief development officer and general counsel, as interim chief executive officer. NorthStar described Goodman as a seasoned and disciplined leader whose expertise will help the company sharpen its cost structure, strengthen operational discipline, and drive improvements in revenue and profitability.
Moskowitz’s exit comes shortly after NorthStar released its third-quarter results, which highlighted potential risks of agreement breaches with creditors. The company noted that cash flow and liquidity may be insufficient to cover advertising and debt-related obligations, though management expressed confidence in its ability to avoid such breaches. NorthStar added that, if necessary, it may pursue adjustments or seek additional debt or equity financing.
MacDonald Elected Chair, Shafran Steps Down
With Moskowitz also vacating the chair role, the board has elected Dean MacDonald as its new chair. MacDonald praised Goodman as an “essential contributor” to NorthStar and voiced full confidence in his leadership:
“His balanced and disciplined approach will help ensure continuity while we focus on strengthening performance and positioning NorthStar for long-term growth.”
— Dean MacDonald, Director & Chair, NorthStar Gaming
In addition, Barry Shafran, board member and chair of the Audit Committee, has resigned from his position. A successor has not yet been named.
