The Board also announced the creation of a Transaction Committee to oversee the Company’s evaluation of ongoing efforts in creating additional shareholder value.
“Tony brings to Caesars a track record of operational excellence, proven leadership and deep industry knowledge and expertise. Tony is a respected and highly accomplished executive who has successfully built and grown businesses in our industry throughout his career,” said James Hunt, Chairman of Caesars’ Board.
“We are confident that Tony has the vision and depth of operating experience to lead our talented senior management team as Caesars continues its long history of delighting our guests, fostering a welcoming and rewarding workplace for our team members and creating value for shareholders and other stakeholders. Our entire Board looks forward to his leadership in evaluating and executing the Company’s go-forward plans,” he added.
“I have long admired Caesars and am optimistic about the Company’s future prospects. Our industry is going through a time of transition and opportunity and I look forward to leading Caesars’ exceptional team through the Company’s next phase of growth, innovation and value creation,” Rodio commented.
Rodio has nearly four decades of experience in the gaming industry. Since October 2018, he served as Chief Executive Officer of Affinity Gaming. Prior to this, he served as President, CEO and a member of the Board of Directors of Tropicana Entertainment. During his time at Tropicana, Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets.
Source: GMB
