Caesars Entertainment Corporation last month announced the appointment of two senior executives to help lead the company’s growth and value creation strategy. Marco Roca will join Caesars Entertainment as president, global development, reporting to President and Chief Executive Officer Mark Frissora. Michael Daly will join as senior vice president, strategy and M&A, reporting to Eric Hession, chief financial officer.
The appointments of Roca and Daly follow two years of strong performance in which Caesars Entertainment has improved its operating model, driving over 800 basis points of adjusted EBITDA margin expansion and improving revenue growth across the enterprise. The completion of the Caesars Entertainment Operating Company (CEOC) restructuring, anticipated by the end of the third quarter, will create additional opportunities for growth.
Roca brings more than 30 years of hotel and gaming development experience to Caesars Entertainment. Most recently, he served as executive vice president and chief development officer for Hard Rock International.
Daly joins Caesars Entertainment from GE Capital, where he was responsible for strategy, M&A and corporate development. He has spent the last 15 years at GE and GE Capital in a variety of strategy and finance roles.