Sydney-listed lottery provider The Lottery Corporation (TLC) has confirmed that its chairman and director Steven Gregg will be stepping down. Gregg will join Australia's Westpac Banking Corporation (WBC) as a non-executive director and chairman-elect next month, having served as TLC's chairman since 2022 following its spin-off from Tabcorp. Gregg had been chairman of Tabcorp since December 2020. In order to provide an orderly transition to the new chairman, Gregg will step down from TLC within the next six months and by no later than the end of the first quarter of 2024. "TLC is a wonderful company and it's been a privilege to be part of its development and its recent listing as a top 50 company on the ASX," said Gregg.