The Caesars Board of Directors has confirmed the appointment of Anthony Rodio as replacement CEO for Mark Frissora. Currently CEO of Affinity Gaming, he will be transitioning to Caesars during the next 30 days and will be based in Las Vegas. The Board also announced the creation of a Transaction Committee to oversee ongoing efforts in creating additional shareholder value.
“Tony brings to Caesars a track record of operational excellence, proven leadership and deep industry knowledge and expertise,” said Board Chairman James Hunt. “Tony is a respected and highly accomplished executive who has successfully built and grown businesses in our industry throughout his career.
“We are confident that Tony has the vision and depth of operating experience to lead our talented senior management team as Caesars continues its long history of delighting our guests, fostering a welcoming and rewarding workplace for our team members and creating value for shareholders and other stakeholders. Our entire Board looks forward to his leadership in evaluating and executing the company’s go-forward plans.”
Rodio commented: “I have long admired Caesars and am optimistic about the company’s future prospects. Our industry is going through a time of transition and opportunity and I look forward to leading Caesars’ exceptional team through the company’s next phase of growth, innovation and value creation.”
Rodio has nearly four decades of experience in the gaming industry. In that time he has held tenures with Affinity Gaming, Tropicana Entertainment, Hollywood Casino, Harrah’s Entertainment, Trump Marina Hotel Casino, Atlantic City Hilton Casino Resort; and Penn Gaming.