Isle of Capri Names Finance Chief

Donn Mitchell gets a huge job.
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Isle of Capri Casinos (ISLE) named Donn Mitchell, its interim finance chief, to a permanent post as chief financial officer.

The Biloxi, Miss., casino said Mitchell's responsibilities include overseeing the financial operations of the company's corporate and casino properties, financial strategy, accounting, taxes and information systems. He has been chief accounting officer.

"We have conducted an extensive search for a new CFO and confirmed that we had the ideal candidate within our organization," said CEO Timothy Hinkley. "Donn's position in the company has steadily increased over the years as a result of his performance, energy, integrity and commitment to our company culture."

On Friday, Isle of Capri rose 3 cents to $24.56.