The Sands Regent's CEO Ferenc Szony Named Top-Performing CEO in Gaming by HVS Executive Search
LAS VEGAS, NV, September 20, 2005. The Sands Regent today announced that the Company's CEO, Ferenc Szony, has been honored as the gaming industry's top performing chief executive officer by Keith Kefgen, President of HVS Executive Search, and Stephen Goebel, Managing Director, HVS Executive Search Las Vegas.
The CEO award is presented each year to the gaming industry CEO who offers the best value to investors based on a pay-for-performance model designed by Mr. Kefgen. The model compares CEO compensation to such indicators as stock appreciation, company growth, and increases in earnings before interest, taxes, depreciation, and amortization (EBITDA) to determine the top performing CEO.
Since joining the Company as Chief Executive Officer and member of the Board of Directors in December, 1997, Mr. Szony has led the management team that has "reinvented the Sands." Since December of 1997, The Sands Regent has grown from a single property in downtown Reno to five properties throughout the region serving both tourists and, increasingly, local area residents. Its revenues have grown from $57.5 million for the 1997 fiscal year (fiscal year ends June 30) to $81.1 million for fiscal 2005.
Mr. Szony is a member trustee of the University of Nevada, Reno's Casino Gaming School Advisory Board. Mr. Szony also sits on Reno's ARTown Board and was appointed to the Nevada Commission on Tourism in 1994 and currently serves as the vice chair.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
