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Caesars’ Gary Loveman to step down as CEO in July

5th February 2015 8:04 am GMT

US casino operator Caesars Entertainment Corporation said Wednesday that Gary Loveman will step down as CEO in July after twelve years in the role, although he will remain as chairman of the company.

Caesars said that Loveman had decided to begin transitioning management of the company at the end of the first quarter, with former Hertz chief Mark Frissora set to replace him as CEO.

Loveman will continue as chairman of Caesars Entertainment and Caesars Entertainment Operating [...]

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