Isle of Capri Casinos Elects Lee Wielansky to Board of Directors
MARCH 1, 2007. Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced today that Lee Wielansky, chairman and CEO of Midland Development Group, Inc., has been elected as a member of the Company's Board of Directors replacing Emanuel Crystal upon his retirement.
"Manny has served on the Board of Directors since Isle of Capri Casinos began operating a casino in Biloxi, Mississippi in 1992. His dedication and commitment have proven to be a valuable asset and he will be greatly missed," said Bernard Goldstein, chairman and chief executive officer of Isle of Capri Casinos, Inc.
Wielansky previously served as president and chief executive officer of JDN Development Company, Inc., a wholly owned subsidiary of JDN Corporation, a publicly traded real estate investment trust. He has also served as managing director of Midwest operations for Regency Centers Corporation and president, chief executive officer and founding partner for Midland Group prior to its sale to Regency Centers Corp. Wielansky also held the role as senior vice president and partner for the St. Louis office of Leo Eisenberg & Co., Inc., and headed the brokerage division of Sachs Properties, Inc.
Wielansky holds the designation of Certified Commercial Investment Member (CCIM). He currently serves on the boards of Pulaski Bank in St. Louis and Virtual Realty, a distressed debt fund. He is also the lead trustee of Acadia Realty Trust (AKR), a real estate investment trust in New York. He currently serves on the board of the Jewish Federation of St. Louis and also served a three-year term on the board of directors of the St. Louis Association of Realtors and was awarded the Commercial Realtor of the Year award in 1990.
Wielansky holds a bachelor's degree in business administration, with a major in real estate and finance, from the University of Missouri - Columbia. The appointment is subject to certain conditions including, but not limited to, the receipt of all necessary licenses and approvals.
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