Michael Shaunnessy will remain the President and CEO of Nevada Gold & Casino, Inc., for two more years, according to an extended contract drawn up August 1.
Shaunnessy has been with Nevada Gold since December of 2012. He was previously an executive vice president of operations at MGM Resorts International. His new contract will expire in 2016.
“Since Mike joined the company, we have streamlined our operations, lowered our overhead costs and significantly improved our capital structure and cash flow with the major refinancing completed last December,” the company’s chairman, William Sherlock, said.
“I appreciate the confidence and support expressed by our Board and look forward to growing our company and building shareholder value for the next few years,” Shaunnessy said.
