PROMUS REORGANIZES REPORTING RELATIONSHIPS WITHIN HARRAH'S TO REFLECT GROWTH
MEMPHIS, Tenn., Sept. 29 /PRNewswire/ -- The Promus Companies (NYSE: PRI) today announced that it will organize reporting relationships within its Harrah's Casino Entertainment division to better represent its current management needs driven by strong growth. "In looking at the dynamics of our casino entertainment business, it is obvious that at this time in our evolution we really have four distinct areas of operations that have different types of complexity, growth outlooks and competitive environments," said Philip G. Satre, president and chief operating officer of Promus. "We have existing casino hotel properties in Nevada and New Jersey which are operating in maturing markets and as such share many common challenges, issues and opportunities. We have riverboat and dockside casinos which are focused on opening their doors and building business and awareness. We have New Orleans which due to its timing, size and complexity must be managed separately from all others. And, we have our emerging Indian gaming division which is actively pursing negotiations with Indian communities and compacts with states across the U.S." Effective immediately, Steve Greathouse, currently president of Harrah's Southern Nevada and general manager of Harrah's Las Vegas, will assume the new position of president of Harrah's Casino Hotel Division, with the properties in Nevada and Atlantic City reporting to him. Greathouse will focus on enhancing the interrelationships between the large Nevada and New Jersey properties, centering on marketing and information technology and on efficiencies gained through our reengineering processes and centralization of basic processing and systems functions. Greathouse will remain officed in Las Vegas but will step down from the general manager position there. Larry Lacaff will continue as president of the Harrah's Riverboat Casino Entertainment Division and Ron Lenczycki will continue in his recently announced position of president of Harrah's New Orleans. Lou Phillips will continue as president and chief operating officer of Harrah's Northern Nevada and general manager of Harrah's Reno. He will also have responsibility for our pending development in Colorado, development activity in New Zealand and elsewhere internationally. Tom Carr will continue as senior vice president of Indian gaming, building on the momentum of our recent agreements with the Ak-Chin Indian Community, Lower Sioux Indian Community and the Poarch Creek Indians. Greathouse, Lenczycki and Lacaff will report to Promus president, Phil Satre, as will Lou Phillips for international activities. Tom Carr will continue reporting to Colin Reed, senior vice president, Promus Corporate Development. Assuming the position of senior vice president and general manager in Las Vegas will be Scott Beeman. Replacing Beeman as senior vice president and general manager in Laughlin will be Tom Jenkin. Steve Greathouse is a twenty-year veteran of the casino industry. He joined Harrah's in Reno in 1978 as race/sportsbook manager. Throughout the 1980s Greathouse moved through various operations management positions within Harrah's in northern and southern Nevada. In 1987, he was named senior vice president and general manager of Harrah's Las Vegas. In 1990, he was promoted to executive vice president of Harrah's Southern Nevada and general manager of Harrah's Las Vegas. In July 1991, he was named president Harrah's Southern Nevada. Scott Beeman began his diverse career in casino entertainment as a change person for Harrah's Reno in 1965. He then worked in various positions at casinos in Nevada and Atlantic City. He was named vice
president of operations for Harrah's Laughlin in 1988, and was promoted to vice president and general manager of Harrah's Laughlin in 1990 and senior vice president in 1991.
Tom Jenkin began his career with Harrah's as a fry cook in Las Vegas in 1975. He held various food & beverage management positions that led in 1987 to his promotion to food & beverage manager at Harrah's Las Vegas. In 1988, Jenkin became an employee/labor relations manager at Harrah's Las Vegas and then moved into gaming operations in 1990 as director of slot operations there.
Jenkin is currently vice president of operations for Harrah's Laughlin.
Harrah's is the only casino company operating in all five major Nevada and New Jersey casino markets -- Atlantic City, N.J., Lake Tahoe, Laughlin, Las Vegas and Reno, Nev. Harrah's first riverboat casino opened in May 1993 in Joliet, Ill. Additional casino entertainment projects under development include the only land-based casino in New Orleans, La., and casinos in Vicksburg and Tunica, Miss., North Kansas City, and Maryland Heights (St. Louis), Mo., Shreveport, La., Central City, Colo., and on the Ak-Chin Indian Reservation outside of Phoenix. Harrah's parent company, Promus, also owns and operates three leading hotel brands: Embassy Suites, Hampton Inn and Homewood Suites hotels. -0- 9/29/93 /CONTACT: Beth Rooks of The Promus Companies, 901-762-8916/ (PRI)
CO: The Promus Companies Incorporated ST: Tennessee IN: CNO SU: PER
MM -- CH012 -- 6936 09/29/93 15:50 EDT
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|Date:||Sep 29, 1993|
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