Cricket Australia Takes Its Time to Appoint New CEO

Cricket Australia (CA) chairman Mike Baird has indicated there’s no hurry to appoint a replacement for outgoing CEO Nick Hockley, whose planned departure in March remains flexible. Hockley, who led his last AGM on Thursday, announced his decision to step down last August, but he’s willing to stay longer if needed while a suitable successor is found.

Hockley's departure comes as CA reports a better-than-expected financial loss of AU$31.9 million for the year. Despite the loss, the organisation is optimistic about its future, with a global search underway for a new CEO. Todd Greenberg, head of the players' union and former NRL CEO, is considered a leading candidate, though interest from other CA executives has been noted.

When asked about the CEO search, Baird said the process is progressing and attracting significant interest, but there’s no urgency. “We want to ensure we find the right leader for the next phase of Cricket Australia’s journey,” he stated, adding that Hockley remains focused on his current duties until the transition is complete.

CA’s annual financial loss wasn’t entirely unexpected, given the absence of tours from cricket powerhouses India and England last summer. The deficit was greater than the previous year, which had been boosted by hosting the men's T20 World Cup. The sport’s cash reserves now stand at $25.7 million, though CA expects these to increase significantly, forecasting more than $70 million in reserves over the next two summers.

Hockley noted that Cricket Australia has made strategic adjustments to strengthen its finances, even in seasons without major tours from India or England. These efforts include new content, investments, cost-saving measures, and expanding digital assets.

Baird also noted Australia’s continued efforts to create a Test fund with the ICC, aimed at supporting smaller nations and protecting the future of Test cricket.

Meanwhile, CA directors Lachlan Henderson, Greg Rowell, and Clea Smith were re-elected during the meeting, while fellow director Paul Green announced his intention to step down soon.