Vice President, Corporate Effectiveness
Title | Caesars Entertainment, Vice President of Finance |
Company | Caesars Entertainment |
Year | 2008 – 2011 |
Country | USA |
Funding Agency | Private Sector |
Direct report to CFO. Responsible for $2+ billion of capital investments over 4+ years across 52 casinos and hotels in 6 countries. Financial leader responsible for improving the organization’s income statement, cash flow statement, and balance sheet.
- Prticipated in issuing $5b of corporate debt and $1b of corporate equity for Caesars Entertainment. Also, arranged a $450.0 million senior secured term project finance facility with a six-year maturity.
- Analyzed, prioritized, and optimized $1.5 billion in growth capital investments, increased project accountability, and established standards for growth & maintenance capital investments.
- Doubled growth-project ROI over 4 years to 18%, driving $250m of incremental cash flows.
- Negotiated M&A, joint venture, and operating agreements with restaurants, online gaming firms, potential international partners, vendors, and investors.
- Contributed to multi-year strategic, operational, and capital plans – and accountable for monitoring, reporting, and delivery against those plans.
Monitored and ensured internal controls and risk reduction. Partnered with CFO to ensure appropriate operational and investment decisions, implementation, and monitoring.