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Downey Takes Over at SLS Las Vegas

Downey Takes Over at SLS Las Vegas

Two weeks after former CEO Scott Kreeger resigned, SLS Las Vegas announced that former Aliante General Manager Terry Downey will take the top spot at the Las Vegas Strip hotel.

Joining Downey is another former Aliante executive, Robert Schaffhauser, who becomes the CFO at SLS. Downey worked at Station Casinos for 15 years before running Aliante, and Schaffhauser has experience with Colony Capital and the Trump organization. Downey and Schaffhauser departed Aliante when it was sold to Boyd Gaming last year.

During his two-year tenure, Kreeger led a dynamic transformation of the resort, which included launching a new casino loyalty program; developing and opening the Foundry, a much-lauded live entertainment venue; and bringing the world-renowned W Hotels brand to Las Vegas with the opening of W Las Vegas in December.

Kreeger stepped down to accept a position with another gaming company, as yet unannounced.

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