Press Release
February 1, 2001
LAS VEGAS, NV -- Park Place Entertainment Corp. (NYSE:PPE), the world's largest casino gaming company, yesterday
announced the promotion of six of the company's senior executives.
Wallace R. Barr, executive vice president of the company, has been named co-chief operating officer of Park Place
and president of the company's Eastern Casino Group.
Barr, 55, is responsible for oversight of Park Place's gaming operations in the eastern United States, including
the company's ten casinos in New Jersey, Mississippi, Indiana and Louisiana, as well as the company's international
operations, including casinos in Australia, Canada, South Africa and South America.
Barr previously served as executive vice president \226 Eastern Region since the creation of Park Place following
its spin off from Hilton Hotels Corp. in December 1998. Barr has worked in the casino industry since 1973, including
posts as president and chief operating officer of Bally's Casino Holdings from 1993 to 1996, and executive vice
president of Hilton Gaming Corp. following the acquisition of Bally by Hilton in December 1996.
Barr served as chairman and president of the Casino Association of New Jersey from November 1996 to January 2001.
He is active on the boards of numerous civic associations.
Clive S. Cummis, executive vice president \226 law & corporate affairs and corporate secretary of Park Place,
has been named to the additional position of vice chairman of the board of Park Place. Cummis, 72, who has been
with the company since inception, will continue to have primary responsibility for the company's legal, compliance
and security affairs.
Previously he served as chairman of the New Jersey law firm of Sills, Cummis, Radin, Tishman, Epstein & Gross
from 1971 to 1998.
His professional affiliations include member of the American Law Institute, fellow of the American Bar Foundation,
member of the President's Commission on White House Fellowships, director of the New Jersey Performing Arts Center,
trustee of the Newark Museum and a trustee of the Foundation of the University of Medicine and Dentistry of New
Jersey.
Mark R. Dodson, executive vice president of the company, has been named co-chief operating officer of Park Place
and president of the company's Western Casino Group.
Dodson, 38, will be responsible for oversight of the company's gaming operations in the western United States,
including the company's nine casinos in Las Vegas, Reno, Lake Tahoe and Laughlin, as well as the supervision of
senior corporate executives responsible for company-wide marketing, technology and operations analysis.
Dodson has been with the company and its predecessors for eight years serving in various management positions.
Dodson also serves as chairman of the Nevada Resort Association and a board member of the Las Vegas Convention
and Visitors Authority.
Scott A. LaPorta, executive vice president and chief financial officer of Park Place, will undertake the responsibility
for the company's corporate development and merger-and-acquisition activities, while continuing his oversight of
the company's financial affairs, including corporate finance, treasury, tax and investor relations.
In his new role he will be responsible for the supervision of the analysis, structuring and execution of all corporate
development and acquisition activities. LaPorta, 38, has been with the company since inception as its chief financial
officer.
Previously, he served as senior vice president and treasurer of Hilton Hotels Corp. and prior to joining Hilton,
he was treasurer at Host Marriott Corp.
In their new positions, all of these executives will continue to report to Thomas E. Gallagher, president and chief
executive officer of Park Place. In addition, the company announced the creation of two new positions.
Anthony J. Brolick, senior vice president \226 administration of the company, has been promoted to the newly created
position of senior vice president \226 Marketing. In this new position, Brolick, 50, will be responsible for the
supervision at the corporate level of all marketing activities of Park Place and its related brands.
His responsibilities will also include supervision of casino marketing, which is conducted through the company's
Caesars World Marketing subsidiary. In his new capacity, he will report to Mark Dodson, newly appointed co-chief
operating officer of Park Place.
Brolick joined the company as senior vice president, finance and administration for the Las Vegas Hilton in June
1997. Previously he served as chief financial officer of Caesars Palace and Caesars World.
Thomas J. Brosig, president of the company's mid-south region, has been named senior vice president \226 Administration.
Brosig, 51, will be responsible for supervision at the corporate level of the functions of architecture and design,
construction, procurement and retailing, as well as community relations.
In addition, Brosig will oversee the company's proposed consulting relationship with the St. Regis Mohawk Tribe
in connection with the operation of the tribe's Akwesanee casino in northern New York State and the company's plan
to develop and manage a new casino for the Tribe in Sullivan County, N.Y., 90 minutes north of New York City.
In his new role, he will report to Tom Gallagher, president and CEO of Park Place. Brosig joined the company following
the acquisition of Grand Casinos Inc. by Park Place in December 1998. Brosig was one of the initial founders of
Grand Casinos in 1990, and served as its president and CEO from 1996 to 1998.
Prior to that time he was an executive in the retail industry. Brosig serves on the board of several retail and
restaurant public companies, as well as various civic organizations, including the National Center for Responsible
Gaming.
In announcing the new promotions, Tom Gallagher, president and CEO of Park Place, stated: ``Among the attributes
of which we at Park Place are most proud are the strength, experience and depth of our management team.
``These well-deserved promotions are in recognition of the key roles played by each of these talented executives
in ensuring the future growth and success of our company. Led by this group of dedicated professionals, our entire
management team remains focused on our goal of combining financial strength and dynamic growth in order to deliver
the maximum value for our customers, our employees and, most importantly, our shareholders.''
Park Place Entertainment is the world's largest gaming company. It owns, manages or has an interest in 28 gaming
properties operating under the Bally's, Caesars, Paris, Flamingo, Grand and Hilton brand names, with a total of
approximately 2 million square feet of gaming space, more than 28,000 hotel rooms and approximately 57,000 employees
worldwide.
Additional information on Park Place Entertainment can be accessed through the company's 24-hour investor relations
service. Individuals may call toll-free 877/PPE-NYSE (877/773-6973) or visit www.parkplace.com
to obtain the latest company news and stock price information, or to request information by e-mail, fax or postal
mail delivery.
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Contact:
Park Place Entertainment, Las Vegas
Matt Maddox, 702/699-5269 (investor relations)