MTR Gaming Announces Resignation of David Hughes As Chief Financial Officer
MTR Gaming Group, Inc. (NasdaqGS: MNTG) announced that David Hughes tendered his resignation from his position as Corporate Executive Vice President & Chief Financial Officer.
Mr. Hughes terminated his employment, pursuant to the terms of his employment agreement, for good reason based on the resignation of Robert F. Griffin as Chief Executive Officer. John W. Bittner, Jr., Executive Vice President of Finance and Accounting will assume the duties of CFO.
“On behalf of the Company, I would like to wish David the best of luck in the future and I thank him for his commitment to MTR Gaming”
Mr. Hughes has agreed to assist with the transition during the next 90 days.
“On behalf of the Company, I would like to wish David the best of luck in the future and I thank him for his commitment to MTR Gaming,” commented Steven M. Billick, MTR Gaming’s Chairman of the Board and interim Chief Executive Officer.
Stated Mr. Hughes: “I am grateful to have been a part of the MTR Gaming team and would like to express my sincere thanks and appreciation to Bob Griffin, the Board of Directors and the employees of the Company. I am confident that the Company is on the right path for continued success and wish them the best going forward.”
MTR Gaming Group, Inc., through subsidiaries, owns and operates Mountaineer Casino, Racetrack & Resort in Chester, West Virginia; Presque Isle Downs & Casino in Erie, Pennsylvania; and Scioto Downs in Columbus, Ohio.
