Caesars ends bankruptcy with new appointments

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Credits: NY Times.

The company revealed a new chairman right after it ended bankruptcy on Friday.

US.- Caesars Entertainment Corporation revealed the appointment of James Hunt as its new chairman after it finally exited bankruptcy on Friday. President and CEO of Caesars, Mark Frissora, will remain as an executive member of the board.

Hunt, who has an extensive background as a business expertise, worked for 15 years at Ernst & Young, among other companies. “It is an honor to have been designated as chairman of the board of Caesars Entertainment. Caesars is a leader in gaming and entertainment with strong brands, first-class properties and talented people. I am committed to working tirelessly with our Board colleagues and our management team to drive long-term value creation,” he said.

Moreover, Frissora said that the completion of the merger and restructuring process present Caesars Entertainment with the opportunity to continue a growing path and value creation. “I look forward to partnering with Jim and all of the members of the incoming board to continue to take steps to unlock new growth opportunities,” he added.