![]() Loveman, 54, whose employment agreement last year was extended through 2016, will remain as the company’s chairman. ![]() Bankruptcy Court in Chicago, may take up to a year to finalize. ![]() The change comes less than a month after Caesars placed its largest operating unit into a pre-packaged bankruptcy to eliminate almost $10 billion in debt. In a statement Wednesday, Caesars said Mark Frissora, who spent seven years with the automobile and equipment rental car company, will be “CEO designee” until July 1, when he formally becomes CEO. Chairman Gary Loveman will step down from the company’s chief executive role on June 30 and will be replaced by the former chairman and CEO of Hertz Global Holdings, the casino giant announced Wednesday. (Jeff Scheid/Las Vegas Review-Journal)Ĭaesars Entertainment Corp. 12, 2013 at Pure Nightclub balcony outside Caesars Palace. ![]() Caesars Entertainment chairman Gary Loveman as seen Tuesday, Nov. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |