Richard Pratt has today advised the Carlton Football Club of his intention to stand aside as President of the Club.
Richard’s decision is effective immediately. He is to stand aside until this latest matter with the ACCC is resolved.
As a result, Carlton Vice-President Stephen Kernahan will assume the role of Interim President.
Richard’s decision to stand aside from his position is obviously a disappointing development for Carlton, which acknowledges the outstanding contribution he has made in returning the Club he so genuinely loves to prominence in the AFL competition both on and off the field.
Sixteen months ago, Richard saw fit to answer the Club’s call to return to Carlton as President. He deemed it an honor to accept the role, which was the culmination of his lifelong commitment to Carlton as a Director, Sponsor and Player.
“Once again Richard has shown his loyalty to the Carlton Football Club in standing aside at this time. He sees the need to deal with these issues personally, and not have them distract the focus of the Club going forward,” Carlton Chief Executive Officer Greg Swann said.
“Stephen Kernahan now steps into the role as Interim President, and he will ensure that the great work of the past 16 months continues.”
Kernahan said he was prepared to assume the role as Interim President of Carlton in Richard’s absence.
“Richard has been truly fantastic for the Carlton Football Club for more than 50 years. We appreciate him putting the Club’s interests to the fore, as he has always done,” Kernahan said.
“I have no doubt that Richard will continue to support the Club he has so ably served and we do hope Richard returns as President as soon as possible.”
