Harrah's Names New Vice Chairman - Tuesday 8th of August 2006

LAS VEGAS, Nevada Harrah's Entertainment, Inc. (NYSE:HET) today announced that Charles L. Atwood has been appointed vice chairman of the board of directors.

Atwood, Harrah's chief financial officer for the last five years, will be succeeded by Jonathan S. Halkyard, who will add CFO duties to his current role as senior vice president and treasurer. Both appointments are subject to required regulatory approvals. Atwood and Halkyard will both report directly to Gary Loveman, chairman, chief executive officer and president.

In his new role, Atwood will have oversight of all of the company's development, design and construction efforts, as well as strategic sourcing, internal audit, enterprise risk management and security, surveillance and investigations.

Halkyard will assume oversight of the company's finance functions. In addition to his current oversight of treasury, investor relations and planning and analysis, Halkyard will direct the company's accounting and business intelligence functions.

"Harrah's is embarking on an ambitious era of growth. We will be dramatically expanding our international presence, and creating unprecedented new gaming experiences in our largest U.S. markets, Las Vegas and Atlantic City," Loveman said. "With a distinguished career spanning nearly three decades, Chuck is ideally suited to lead the development efforts that will bring our bold visions to life. Under Chuck's leadership, Harrah's will produce the next generation of compelling branded gaming experiences for our guests and long-term, consistent growth for our stockholders."

"Jonathan has handled the treasurer's office with remarkable skill," Loveman said. "He has built strong relationships with investors, consistently negotiated favorable terms on our bank facilities and debt offerings, and helped guide us through the two largest acquisitions in our company's history. I'm confident he will make an outstanding CFO."

Prior to assuming the role of CFO in 2001, Atwood held numerous finance and development positions with the company, including treasurer. He joined the company in 1979, and was appointed to the company's board of directors in July 2005.

Halkyard joined the company in 1999 as director of finance at Harrah's Lake Tahoe, and later served as assistant general manager of Harrah's and Harveys Lake Tahoe, assistant general manager of Harrah's Las Vegas and vice president of finance for Harrah's Entertainment before being named treasurer in 2003.

Other news from around the same time

Arizona Lottery Vote Measure Debated - Tuesday 8th of August 2006

ARIZONA – As reported by the Arizona Republic: "The right to vote is a privilege, a civic duty, a....


Riverside Casino Doors Set to Open - Tuesday 8th of August 2006

RIVERSIDE, Iowa As reported by the (Iowa) Gazette: "Work on a new casino resort here is 95 percent....


Casino Defends Actions Over Woman Who Gambled Away $6m - Tuesday 8th of August 2006

AUCKLAND, New Zealand As reported by Stuff.co.nz: "The 42-year-old woman at the centre of a Gambli....


Blackpool Locals Asked for Support - Tuesday 8th of August 2006

BLACKPOOL, England – As reported by Blackpool Today: "'You have nine days to shape Blackpool's fu....


Harrah's, Asian Firm Bid on Casino - Tuesday 8th of August 2006

SINGAPORE As reported by the Associated Press: "American gambling giant Harrah's Entertainment and....


Maoists Threaten Indians Working at Nepal Casinos - Tuesday 8th of August 2006

KATHMANDU As reported by the Hindu: "Two Indians working in casinos here have been forced to flee ....


Isle of Capri Casinos Completes Sale of Properties - Tuesday 8th of August 2006

BILOXI, Mississippi – Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced today that it has co....


Trump Taj Mahal Begins Expansion Construction - Tuesday 8th of August 2006

ATLANTIC CITY, New Jersey – TrumpEntertainment Resorts, Inc. (the "Company") (Nasdaq: TRMP) an....


Pennsylvania Lottery Sets Sales Record - Tuesday 8th of August 2006

PENN HILLS, Pennsylvania – Pennsylvania Governor EdwardG. Rendell today announced that Pennsylv....


Casino Odds Tip in Yarmouth's Favour - Tuesday 8th of August 2006

YARMOUTH, England As reported by the Business: "Yarmouth is heading the national field in the race....