Former Shuffle Master Inc. board member and chief operating officer David Lopez on Tuesday was named president of Global Cash Access Holdings Inc.
Both casino suppliers are based in Las Vegas. Shuffle Master makes card shufflers and other casino equipment, GCA operates casino ATM machines and provides credit services.
Lopez will be responsible for GCA sales, product and operations. He'll earn $500,000 per year and be eligible for an annual bonus of up to 75 percent of his base salary, or $375,000.
''David possesses a tremendous amount of proven leadership experience that is very relevant to GCA, not only in the gaming industry but also in his ability to grow a business, achieve results, champion change and maintain close customer relationships,” GCA CEO Scott Betts said in a statement. “David is joining GCA at an exciting period of growth for the company. Our initiatives in international growth, Internet gaming and product innovation match his talents and experience. The addition of David to the leadership team supports our growth and greatly enhances our capability to further our partnerships and business development opportunities around the globe.''
The appointment of Lopez is the latest in a series of executive personnel moves in the Las Vegas gaming industry in recent weeks.
At the Cosmopolitan of Las Vegas resort, Ronald Eidell was named chief financial officer at a salary of $400,000 per year. He'll also be eligible for a $200,000 annual bonus.
Eidell replaces Jeffrey Burge, who left the company in February.
Eidell had been an an equity partner in Tatum LLC, a firm providing interim executive services, from 2004 to 2010. During that time, Eidell provided interim executive services to Bally Total Fitness Holding Corp., where he was the chief financial officer; and at NeoPharm Inc., where he was interim president and CEO.
At the Cosmopolitan, he'll be responsible for financial reporting, budgeting, accounting, taxes, treasury, operational finance and financial planning and analysis of the company.
Also at the Cosmopolitan, Lisa Marchese signed a new three-year employment agreement as chief marketing officer, also making $400,000 per year and eligible for a $200,000 bonus. The former Caesars Entertainment Corp. executive has been with the Cosmopolitan since March 2010, initially as senior vice president of brand marketing.
And at Caesars, CFO Jonathan Halkyard resigned to become CFO and executive vice president at NV Energy. Caesars has not yet named a replacement for Halkyard.
''We have an experienced team of senior leaders who will oversee the finance functions and ensure that we maintain our momentum as we execute on our growth plans. We have made significant progress in improving our operations and balance sheet, and will ensure these efforts continue,'' Caesars CEO Gary Loveman said in a statement. ''Jonathan has played an important role in managing the company’s financial position and in helping us return to the public equity markets earlier this year. We thank him for his service and wish him well in his future endeavors.''
At NV Energy, Halkyard will earn $500,000 per year and be eligible for incentives including an initial target valued at 75 percent of his base salary.