Two high-level execs returning to Station, MGM Resorts
Two high-level executives are returning to work at Las Vegas-based casino operators Station Casinos LLC and MGM Resorts International.
Station today said Stephen Cavallaro was appointed president of the company, putting him in the No. 2 operational spot there.
Previously, Station Chairman and CEO Frank Fertitta III also held the title of president.
Cavallaro will report to Fertitta III, who will retain his positions as chairman and CEO of the locals casino leader.
Fertitta’s brother Lorenzo Fertitta had served as Station president until he resigned from that position in 2008 to focus on the brothers’ fast-growing Ultimate Fighting Championship business.
Cavallaro will also serve as president of Fertitta Entertainment LLC, the company that manages Station Casinos’ assets.
Cavallaro is a 30-plus year veteran of the casino and hospitality sectors and was executive vice president and chief operating officer of the predecessor company of Station Casinos LLC, Station Casinos Inc., from 2001 to 2004.
For the past eight years, Cavallaro has been chairman and CEO of Cavallaro Consulting Group, whose clients included Station Casinos and other companies.
Separately, MGM Resorts International said Lorenzo Creighton has rejoined the company and will focus on the company’s efforts in developing markets in the eastern United States, such as in Massachusetts and Maryland. The company also is proposing a project in Toronto.
Known as the first black executive to be named as president of a major Las Vegas casino resort, Creighton has more than 20 years of experience in government affairs with regulatory agencies and in casino operations.
Creighton has served as executive director for the Mississippi Gaming Commission and was president and chief operating officer of MGM Resorts’ New York-New York Hotel & Casino in Las Vegas and MGM Grand Detroit. He was also president of Caesars Entertainment Corp.’s Flamingo resort.
Most recently, he was CEO of Gateway Casinos, a Vancouver company that manages 12 casinos in Canada.