Isle of Capri Names Dale Black CFO
DECEMBER 11, 2007. Isle of Capri Casinos, Inc. (Nasdaq: ISLE) officials announce the appointment of Dale Black to the position of senior vice president and chief financial officer, subject to regulatory approval. Mr. Black's responsibilities include overseeing the financial operations of the Company's corporate and casino properties, financial strategy, accounting, and tax.
Mr. Black joins Isle of Capri Casinos following two years with Trump Entertainment Resorts as executive vice president and chief financial officer. Prior to joining Trump Entertainment Resorts, Mr. Black spent over 12 years at Argosy gaming company in Alton, Ill., serving as corporate controller from 1993 to 1998, and then as senior vice president and chief financial officer from 1998 until November 2005. While at Argosy, Black is credited as being instrumental in the turnaround of the regional casino company by building a balance sheet recognized as one of the strongest in the gaming industry.
"Dale is well known and well respected in the financial community, and is recognized for his ability to create shareholder value through the development of a strong balance sheet, as well as the development of financial strategies designed to increase free cash flow. His knowledge and skill set will be valuable as we complete our strategic review, and continue the process of identifying targeted growth opportunities for Isle," said Virginia McDowell, president and chief operating officer.
A graduate of Southern Illinois University, Black began his financial career with Arthur Andersen.
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