Trump Entertainment Resorts, Inc. (NASDAQ NMS: TRMP) today announced the appointment of Dale Black to the position of Executive Vice President and Chief Financial Officer, effective November 17, 2005.
James B. Perry, the Company's President and Chief Executive Officer, commented, "We are pleased to have an executive with Dale's excellent communication skills and financial acumen join the Trump Entertainment Resorts senior management team."
Black comes to Trump after 12 years at Argosy Gaming Company, serving most recently as Senior Vice President and Chief Financial Officer, a position he held since April 1998. A graduate of Southern Illinois University, Black began his career with Arthur Andersen, and remained with them until 1991. He served as Corporate Controller for a national manufacturing company from July 1991 until April 1993, when he joined Argosy as Vice President and Corporate Controller. Perry further commented on Black's appointment, "Dale was instrumental in the financial restructuring of Argosy over several years, building a balance sheet recognized as one of the strongest in the gaming industry, and providing the company with the financial flexibility to take advantage of growth opportunities as they became available. He has an excellent relationship with the banking and investment communities, who recognize his ability to develop and implement financial strategies that have resulted in increased free cash flow, and created significant value for shareholders."
Frank McCarthy will continue with the Company as its Executive Vice President and Corporate Controller, effective November 17, 2005.
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