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Caesars CEO Could be looking at big retirement money
Tuesday August 2,2016 : CAESARS INTERACTIVE C.E.O. COULD LEAVE THE COMPANY A WEALTHY MAN
After eight years at the helm, Garber could receive several hundred million dollars, says the New York Post.
Online gambling management veteran and current CEO of Caesars Interactive Entertainment, Mitch Garber (51) could retire from the company a very wealthy man after eight years in charge, according to a report in the New York Post Tuesday.
Garber is reportedly walking away from the company following its $4.4 billion acquisition by a Chinese consortium ( with "several hundred million" dollars, The Post claims, noting that Garber negotiated to have CIE housed in a new stand-alone entity in which he received roughly a 5 percent equity stake..
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