Charles Atwood Joins Harrah's Entertainment Board of Directors
LAS VEGAS -- (PRESS RELEASE) -- Harrah's Entertainment, Inc. (NYSE: HET) announced today that Charles L. Atwood, Harrah's senior vice president and chief financial officer, has been elected to the Harrah's Entertainment Board of Directors, subject to regulatory approvals.
"Chuck brings tremendous financial skill, experience and knowledge of our industry to our board of directors," said Gary Loveman, chairman, chief executive and president of Harrah's. "Throughout his 26-year career with Harrah's, Chuck has played a central role in this company's successful evolution into the world's largest casino operator. His contributions to Harrah's have been invaluable, and it is a distinct pleasure to welcome him to our board."
As chief financial officer, Atwood oversees all of the company's finance functions, as well as development and merger and acquisition activities. Atwood joined Harrah's in 1979, and held numerous finance and development positions within the company before his appointment as chief financial officer in 2001. Atwood also serves on the board of Equity Residential, a publicly traded real estate investment trust that owns and operates multi-family residential properties across the United States.
Atwood's election expands the Harrah's board to 13 directors. Atwood becomes the second management representative on the board, joining Loveman.
Harrah's Entertainment, Inc., is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada 67 years ago, Harrah's has grown through development of new properties, expansions and acquisitions. On June 13, 2005, Harrah's Entertainment acquired Caesars Entertainment, Inc., and now owns or manages through various subsidiaries more than 40 casinos in three countries, primarily under the Harrah's, Caesars and Horseshoe brand names. With nearly 4 million square feet of casino space, more than 40,000 hotel rooms and nearly 100,000 employees, the Harrah's portfolio is the most diverse in the gaming industry. Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.
