COQUITLAM, BC, July 13, 2018 /CNW/ - Great Canadian Gaming Corporation [TSX:GC] ("Great Canadian" or the "Company") announced today the retirement of Neil W. Baker from the Board of Directors of the Company, and the appointment of Christopher (Chris) Hart to fill the vacancy created by Mr. Baker's retirement. Mr. Hart's appointment is subject to Mr. Hart's registration with the applicable gaming regulatory authorities.
By reason of his age, Mr. Baker made the determination to retire from the Board of Directors. Mr. Baker, a former member of the New York Stock Exchange, Senior Partner of Gordon Investment Corporation and the principal of Ridgeline Corporation (a private merchant bank), is retiring after almost seven years of dedicated service.
Mr. Baker has been a director of the Company since November 2011, and in that time, provided significant value that has materially contributed to the strategic direction, growth, and success of the Company.
Mr. Baker has indicated that he is extremely honoured and pleased to have been able to serve the Board, and expressed his sincere gratitude for the support of shareholders, directors, senior management and staff of the Company. He is deeply encouraged and gratified by the achievements attained by the Company through development and expansion across North America.
The Company extends its sincere gratitude to Mr. Baker for his service and contributions during his time on the Board, which correspondingly benefited from his extensive business experience.
Chris Hart, the appointee, is the former President, Hotel Operations - Americas (and prior to this President, Hotel Operations - Asia Pacific), for Four Seasons Hotels and Resorts. Mr. Hart attended Westminster Hotel School in London, and trained at the prestigious Claridges and Berkeley hotels, both in London, before returning to Canada to join the Four Seasons. Mr. Hart is a seasoned hotel/hospitality sector executive who spent his entire career (and over 30 years with Four Seasons Hotels and Resorts) in the hotel/hospitality industry. Mr. Hart continues to be active in the sector, and since retiring from Four Seasons, he has been consulting in the hotel/hospitality and real estate industry. Mr. Hart's extensive experience will provide significant insight to the Board of Directors as the Company further develops its properties across North America.
The Board would like to extend a welcome to Mr. Hart to the Board.
ABOUT GREAT CANADIAN GAMING CORPORATION
Founded in 1982, Great Canadian Gaming Corporation is a BC based company that operates 28 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, Nova Scotia, and Washington State. Fundamental to the company's culture is its commitment to social responsibility. "PROUD of our people, our business, our community" is Great Canadian's brand that unifies the company's community, volunteering and social responsibility efforts. Under the PROUD program, Great Canadian annually invests over $2.5 million in our communities, and in 2017, over 1,900 charitable organizations were supported by Great Canadian. In each Canadian gaming jurisdiction, a significant portion of gross gaming revenue from gaming facilities is retained by our crown partners on behalf of their provincial government for the purpose of supporting programs like healthcare, education and social services.
ON BEHALF OF
GREAT CANADIAN GAMING CORPORATION
"Original Signed By Rod N. Baker"
Rod N. Baker
President and Chief Executive Officer
GREAT CANADIAN GAMING CORPORATION [TSX:GC]
95 Schooner Street
Phone: (604) 303-1000
SOURCE Great Canadian Gaming Corporation
For further information: firstname.lastname@example.org or Ms. Tanya Ruskowski, Executive Assistant to the President and Chief Executive Officer and the Chief Operating Officer, (604) 303-1000