BILOXI, Miss., Nov. 1 /PRNewswire-FirstCall/ -- Isle of Capri Casinos,
Inc. (Nasdaq: ISLE) officials announced today that Donn Mitchell has been
named senior vice president and chief accounting officer following the planned
retirement of Rexford A. Yeisley, chief financial officer at calendar year end
2005. In his new role Mitchell's responsibilities include overseeing the
financial operations of the company's corporate and casino properties,
internal audit and information systems. Mitchell will serve as interim CFO
until the company names a replacement.
"The leadership team at the Isle has always been strong and Rex has been a
vital player on our team. His financial skills and knowledge have aided our
corporate mission to be the best. Rex has done an excellent job of developing
and maintaining strong, credible relationships with Wall Street, financial
analysts and Isle shareholders alike. I am sure that our investors and
partners will continue to see an exceptional level of performance by Donn and
the financial team," Bernard Goldstein, chairman and chief executive officer,
"Rex has served the Isle with dedication, distinction and passion since
1995. Under his tenure we have grown into one of the top ten gaming
corporations in the United States. We value his expertise. Rex and Donn have
worked closely together for over nine years. Donn brings extensive experience
in Isle property finance and investor relations to his new role. I personally
wish Rex the best as he moves into retirement and have confidence in Donn's
ability to provide financial guidance to our leadership team," Tim Hinkley,
president and COO, said.
Mitchell will begin the transition to his new role effective November 1.
He joined the company in 1996 as senior director of finance and most recently
served as vice president of property finance for Isle of Capri Casinos, Inc.
His prior experience includes serving as an audit manager for Arthur Anderson
LLP in New Orleans, La. Mitchell holds a degree in accounting from the
University of Southern Mississippi and is a certified public accountant.
Following his retirement, Yeisley will continue to work for the company on
financial and insurance issues associated with Hurricanes Katrina and Rita. He
joined the Isle of Capri Casinos, Inc. as vice president of finance, chief
financial officer, treasurer and assistant secretary in December 1995 and was
appointed senior vice president of finance in December 1999.
Isle of Capri Casinos, Inc., a leading developer and owner of gaming and
entertainment facilities, operates 15 casinos in 13 locations. The company
owns and operates riverboat and dockside casinos in Biloxi, Vicksburg, Lula
and Natchez, Mississippi; Bossier City and Lake Charles (2 riverboats),
Louisiana; Bettendorf, Davenport and Marquette, Iowa; and Kansas City and
Boonville, Missouri. The company also owns a 57 percent interest in and
operates land-based casinos in Black Hawk (two casinos), Colorado. Isle of
Capri's international gaming interests include a casino that it operates in
Freeport, Grand Bahama and a two-thirds ownership interest in casinos in
Dudley, Walsall and Wolverhampton, England. The company also owns and operates
Pompano Park Harness Racing Track in Pompano Beach, Florida.
This press release may be deemed to contain forward-looking statements,
which are subject to change. These forward-looking statements may be
significantly impacted, either positively or negatively by various factors,
including without limitation, licensing, and other regulatory approvals,
financing sources, development and construction activities, costs and delays,
weather, permits, competition and business conditions in the gaming industry.
The forward-looking statements are subject to numerous risks and uncertainties
that could cause actual results to differ materially from those expressed in
or implied by the statements herein.
Additional information concerning potential factors that could affect the
Company's financial condition, results of operations and expansion projects,
is included in the filings of the Company with the Securities and Exchange
Commission, including, but not limited to, its Form 10-K for the most recently
ended fiscal year.
Isle of Capri Casinos, Inc.,
Allan B. Solomon, Executive Vice President -- 561.995.6660
Rex Yeisley, Chief Financial Officer -- 228.396.7052
Jill Haynes, Director of Corporate Communication -- 228.396.7031
NOTE: Other Isle of Capri Casinos, Inc. press releases and a corporate
profile are available at http://www.prnewswire.com . Isle of Capri Casinos,
Inc.'s home page is http://www.islecorp.com .
SOURCE Isle of Capri Casinos, Inc.
CONTACT: Allan B. Solomon, Executive Vice President, +1-561-995-6660, or
Rex Yeisley, Chief Financial Officer, +1-228-396-7052, or
Jill Haynes, Director of Corporate Communication, +1-228-396-7031,
all of Isle of Capri Casinos