Full House Resorts (NYSE MKT: FLL) today announced the following changes to its management structure to better support its recent acquisitions and significant growth.
First, the Company is pleased to announce that Deborah Pierce will be joining Full House Resorts in December as its new Chief Financial Officer. Ms. Pierce has extensive experience in both public and private accounting arenas and most recently served as Chief Financial Officer since 2005 for Hooters Casino Hotel in Las Vegas. Prior to that, she served as a key finance executive in various other casino operations, including Vice President of Finance for Ameristar Casinos, Inc. and Vice President of Finance for Silverton Casino, LLC.
Second, the Company’s current Chief Operating Officer and Chief Financial Officer Mark Miller will retain the title and responsibilities of Chief Operating Officer. Due to the recent addition of the Silver Slipper Casino, as well as the need to concentrate on organic growth initiatives, Mr. Miller will now be able to focus fully on the execution of the Company’s operations.
Finally, with the consolidation of operating responsibilities, Wes Elam will now be focused on the Company’s Western properties and will report to Mr. Miller. Mr. Elam’s title has been changed to Senior Vice President of Western Operations, and he will be responsible for the Company’s Northern Nevada properties as well as the Company’s Buffalo Thunder management contract. In conjunction with these changes, Mr. Elam’s existing employment agreement has been terminated along with all associated obligations.
“As our organization has grown, there is a need from time to time to make adjustments to ensure that we continue delivering excellence in our operations as well as our future growth initiatives,” said Andre Hilliou, Chairman and Chief Executive Officer of Full House Resorts. “The changes we have announced today are not expected to substantially affect our corporate cost structure. We are very excited to have Ms. Pierce joining our team and look forward to working with her as we press forward.”