Caesars appoints new chief accountant
Caesars Entertainment Corp has appointed Keith Causey as chief accounting officer.
He replaces Diane Wilfong, who has left the company “to pursue another opportunity”, Caesars said in a press release.
The company added: “There are no disagreements between Wilfong and Caesars Entertainment regarding the company’s financial reporting, operations, policies or practices.”
Caesars said on October 8 in a filing to the U.S. Securities and Exchange Commission that a fund representing a group of Caesars bondholders has declared that one of the company’s subsidiaries is in default on a portion of its borrowing after it pledged collateral to senior creditors.
Caesars is a joint venture investor in a planned casino resort at Incheon, South Korea. It hopes to open the first phase of the venue by 2018.
Mr Causey will have responsibility over all corporate accounting and internal audit functions for the parent. He joins Caesars from U.S. carmaker General Motors Corp, where he served as executive director, global business services – finance.
Latest News
Sign up to our FREE Newsletter
(Click here for more)
Partners
Most Popular
Sands China sixth Macau op to pledge staff extra payment January 21, 2021 
Londoner Macao first phase launch Feb 8 says Sands China January 21, 2021 
Wynn and Melco also flag bonus for Macau staff January 19, 2021 
Investors see 2H Macau gain, rebound 2022: Bernstein January 19, 2021 
Melco likely to take on more debt for expansion: Moody’s January 20, 2021