Trump Entertainment Resorts
continues to reshuffle its executive suite as it seeks to make a comeback in the wake of a Chapter 11 restructuring.
On Tuesday, Donald Trump's casino group, formerly known as Trump Hotels and Casino Resorts, said Mark Juliano will become its chief operating officer on Aug. 8. Juliano last week resigned as president of the Caesars Palace casino in Las Vegas, which recently became part of
Juliano will take over the COO role from Scott Butera, who guided the company through its restructuring. Butera will become chief strategic officer and work on finding expansion opportunities.
The news comes less than a week after Mark Brown, who was in charge of the company's casino operations, said he would leave the company on July 31. It also comes about two weeks after Trump Entertainment tapped James B. Perry, a former chief executive at
, to be its new CEO.
Real estate magnate and reality-TV personality Donald Trump, who had held the top executive position, remains chairman.
The company emerged from Chapter 11 bankruptcy protection in May. It was forced to restructure after struggling under a heavy debt load, and it had been facing increasing Atlantic City competition from spiffy new competitors such as the Borgata, a joint venture of
Trump Entertainment Resorts owns three casinos in Atlantic City, N.J., and a riverboat casino in Gary, Ind.
Shares finished Tuesday up 5 cents, or 0.3%, at $14.55.