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Trump casino executive shake-up

The president and chief executive officer of Trump Entertainment Resorts Inc. (NASDAQ:TRMP), James B. Perry, has been fired.

Trump casino executive shake-up Donald Trump, during his 61st birthday celebration at Trump Taj Mahal Casino Resort on Saturday night, announced that James Perry has been let go from the executive position and will be replace by the second in charge Mark Juliano.

 The unexpected change comes at a time when Trump Entertainment Resorts Inc. is considering a buy-out bid by the former Atlantic City gaming executive Dennis Gomes and New York real estate developer Morris Bailey. Mark Juliano, the company's chief operating officer, appeared surprised by Trump's announcement, but declined to comment.

 James Perry has been the president of the Trump casinos group since 2005 and played a major role in the emerging of the company from the Chapter 11 bankruptcy protection filed in the same year. The casino company has shown financial progress slower than expected since.

Published on 06/18/2007

Related news:

 Trump casinos bid on the table
 Trump's casinos considering a buyout offer








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