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Garruto interim manager at casino

Garruto interim manager at casino
Garruto interim manager at casino
Ed Garruto

Edward Garruto, chief financial officer of Caesars Indiana at Bridgeport, was named interim general manager of the property on Friday.
‘Ed Garruto is a seasoned casino executive who has held senior management positions at Caesars Indiana since it opened six years ago,’ said Wally R. Barr, Caesars entertainment president and chief executive officer.
‘In his new role, Ed and his team will continue the tradition of world-class customer service that has made Caesars Indiana one of the most popular riverboat casinos in the nation.’
Yesterday, Garruto said, ‘To say the least, I am very excited.’
Garruto has been on board since Caesars earned one of the 11 gaming licenses approved by the legislature for the state and site development began.
‘I went through the permitting issues, the construction … it’s really, personally, for me, a culmination of my (21-year) career in gaming.
‘I am thrilled to be named to this position.’
The position will be permanent after approval from the Indiana Gaming Commission. Garruto already has the necessary license so the approval is expected in just a day or so, said Judy Hess, Caesars’ spokeswoman.
Garruto said his ‘business style is really to achieve business results through others, primarily by making sure my team has the resources it needs to get the job done.’
He has been a familiar figure on board the casino boat and around the pavilion and its attractions, always with a sharp eye and a friendly smile. That presence will continue, he said.
Garruto replaces former general manager Barry Morris, who resigned last week.
Morris said Monday there was ‘no overwhelming issue’ that led to his resignation. ‘There were a bunch of different things,’ he said.
Morris and his wife, Sharon, and two children live near Georgetown, but they will move when he finds employment with another casino. ‘There aren’t that many other casinos in Harrison County,’ he said with his typical good humor.
Morris said he has high regard for the Harrison County community because people are welcoming, and his children’s school, St. John’s Lutheran in Lanesville, is excellent.
‘Harrison County is a great place to live,’ he said. ‘We liked it very much.’
Garruto joined Caesars Indiana in 1997 as chief financial officer. He had responsibility for the resort’s gaming license approval process and for the property opening in November 1998. He has since been involved in the completion of the property master plan. In 2001, he was promoted to senior vice president. Earlier, Garruto was employed by Caesars World, where he held executive positions in Internal Audit and Finance at Caesars Atlantic City and Caesars Pocono Resorts.
A certified public accountant, Garruto earned a master’s degree in business administration from Drexel University in Pennsylvania. He is also a member of the American Institute of Certified Public Accountants.
Garruto and his wife, Susan, and four children have lived in Louisville since 1997, and he served for three years on his parish school board.
Garruto has been involved in Harrison County and its business community for some time. He is currently a member of the board of directors and a former treasurer of the Chamber of Commerce of Harrison County.
He is a board member of the Caesars Riverboat Casino Foundation in Floyd County, and chairs the Foundation’s Investment Committee.
Caesars Indiana is a Caesars Entertainment casino resort. Caesars Entertainment Inc. (NYSE:CZR) is one of the world’s leading gaming companies. With $4.5 billion in annual net revenue, 28 properties on four continents, 26,000 hotel rooms, two million square feet of casino space and 52,000 employees, the Caesars portfolio is among the strongest in the industry. Caesars casino resorts operate under the Caesars, Bally’s, Flamingo, Grand Casinos, Hilton and Paris brand names. The company has its corporate headquarters in Las Vegas.
In July 2004, the Caesars Entertainment board approved an offer from Harrah’s Entertainment to acquire the company for approximately $1.8 billion and 66.3 million shares of Harrah’s common stock. The offer must be approved by shareholders of both companies and federal and state regulators before the transaction can close.
Additional information on Caesars Entertainment can be accessed through the company’s Web site at www.caesars.com.

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