Caesars Entertainment Corporation has hired former General Motors executive director Keith Causey as senior vice president and chief accounting officer.

Replacing Diane Wilfong, who steps down after five years, Causey will have responsibility for all corporate accounting and internal audit functions, reporting directly to executive vice president and chief financial officer Donald Colvin.

Causey joins Caesars from General Motors, where he served as assistant controller and later executive director of global business services and finance. Prior to this he spent a decade at US cable giant the DirectTV Group in a series of accounting and reporting roles, including senior vice president and controller.

Colvin said he was pleased to welcome Causey to Caesars, citing his "significant public company experience with large and complex organizations."

“With more than 20 years of experience, Keith brings an extensive technical accounting background as well as regulatory compliance expertise, making him an ideal candidate for this role," Colvin added.

Shares in Caesars Entertainment Corporation (Co. Data) (NASDAQ:CZR) set a new 52-week low in New York on Friday, closing at $9.14 per share.