Isle of Capri Casinos President and COO Steps Down
CREVE COEUR, LA, January 11, 2007. Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced today that Tim Hinkley, president and chief operating officer, is stepping down. The Company is initiating a comprehensive search for his replacement.
"We are tremendously grateful for Tim's visionary leadership and unparalleled contribution to our growth over the past 17 years. Tim has successfully led our Company through a period of significant evolution and development, fostering our unique culture and spearheading the next generation of the Isle brand. Tim did an unbelievable job leading the company through the hurricanes of 2005, and reopening our properties in record time. He brought hope and encouragement to everyone affected by the storms. From his initial role as general manager at our first casino in Biloxi, Miss. to serving as president and COO, he has positioned the Company for the future. I am saddened by Tim's decision to leave Isle of Capri and we wish him well," said Bernard Goldstein, chairman and chief executive officer.
Hinkley will remain in his current role until a replacement is named.
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