Caesars Interactive C.e.o. Could Leave The Company A Wealthy Man

CAESARS INTERACTIVE C.E.O. COULD LEAVE THE COMPANY A WEALTHY MAN

02nd August, 2016 at 11:36:42
Source: http://www.azonlinecasinos.com

After eight years at the helm, Garber could receive several hundred million dollars, says the New York Post.

Online gambling management veteran and current CEO of Caesars Interactive Entertainment, Mich Garber (51) could retire from the company a very wealthy man after eight years in charge, according to a report in the New York Post Tuesday.

Garber is reportedly walking away from the company following its $4.4 billion acquisition by a Chinese consortium (see previous report) with "several hundred million" dollars, The Post claims, noting that Garber negotiated to have CIE housed in a new stand-alone entity in which he received roughly a 5% equity stake..

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