The Mohegan Tribal Gaming Authority has confirmed that Ray Pineault will step down as president and CEO at the end of this year.
After nearly 25 years of service with the Connecticut-based Mohegan Tribe, Pineault has informed the company’s management board that he will step aside at the end of December to spend more time with his family.
Pineault tenure began in early 2001 when he served as senior attorney for the Tribal Government, and he also served as president and general manager of Mohegan Sun and chief operating officer for Mohegan.
Pineault was appointed to his current role in 2021, successfully navigating the reopening of Mohegan resorts following the COVID pandemic and overseeing the growth of Mohegan Digital.
“With Mohegan well-positioned for the future, including the expansion of online gaming, the time is right for me to transition from my role as president and CEO of Mohegan,” said Pineault. “It has been my distinct honor to serve my Tribe for the past 25 years and I look forward to focusing more on my family who undoubtedly have made sacrifices for me to hold this position.
“I am proud of the work we have been able to accomplish, including the successful refinancing earlier this year, and want to thank the Tribal Council and the Mohegan Tribe, who have entrusted me with this responsibility.”
Tribal Council chairman James Gessner Jr. commented: “The devotion and passion Ray has demonstrated over the last 25 years are testaments to his unwavering dedication to helping our Tribe. Being the head of an organization, especially an international business, comes with immense responsibility, unrelenting hours and a willingness to make personal sacrifices for the betterment of his fellow Tribal members and the thousands of Mohegan employees who rely on his leadership and guidance.
“On behalf of the Board and our Tribe, we thank you for all you have done to protect every Mohegan for 13 generations to come.”