Trump Entertainment Resorts, Inc. announced the appointment of gaming and hospitality industry veteran Robert F. Griffin as Chief Executive Officer of the Company. Mr. Griffin has also been named to the Company’s Board of Directors.
Mr. Griffin, age 51, has 30 years of experience in the gaming and hospitality business. Since November 2008, he has been President and CEO of MTR Gaming Group, Inc., which owns and operates casino and racetrack facilities in West Virginia, Pennsylvania and Ohio. He became a member of MTR’s Board of Directors in March 2010. Prior to joining MTR, Mr. Griffin served as Senior Vice President of Operations of Isle of Capri Casinos, Inc. from 2004 to 2008, where he was responsible for the operations of 16 casinos and racing facilities in the United States, Grand Bahamas and the United Kingdom. Mr. Griffin also served as Vice President/General Manager at several of Isle of Capri’s properties from 1999 to 2003. Mr. Griffin previously held senior management positions at Trump Entertainment Resorts’ Trump Marina Hotel Casino from 1992 to 1998.
Mark Juliano, who has served as CEO and as a member of the Company’s Board of Directors since August 2007, will be leaving the Company later this year to pursue other opportunities. Mr. Juliano will remain as the Company’s CEO through a transition period that will extend until the time Mr. Griffin joins the Company, which is expected to be sometime in late October or November 2010, subject to receipt of required regulatory approvals.
Marc Lasry, Chairman of the Board of Trump Entertainment Resorts, Inc., stated, "The Board is very pleased that Bob Griffin, an experienced gaming executive with extensive knowledge of the industry and hands-on operational experience, will be taking the helm as CEO of Trump Entertainment Resorts. At the same time, we thank Mark Juliano for his substantial contributions to the Company over the last few years. The steady hand Mark provided as CEO during the Company’s successful reorganization helped position us well for the future."
Mr. Griffin commented, "Trump Entertainment Resorts has a great brand and strong properties, with many promising business opportunities. The Company has a solid platform for future growth and profitability, and I am very excited to be joining as CEO."
Source = Trump Entertainment Resorts, Inc.