Mohegan says that COO Madigan is leaving.
The Mohegan Tribal Gaming Authority has said that Jody Madigan has stepped down as chief operating officer. Joseph Hasson will take over as acting COO until a permanent replacement is found.
Galaxy Gaming's CFO, Madigan, will officially depart his job as COO on August 1. Before that, he will take a leave of absence from Mohegan. He worked in that job for more than two and a half years, starting in August 2021.
Before this, Madigan had high-level jobs in a number of casinos and businesses related to them. These included the Mohegan-owned Paragon Casino Resort, where he was the general manager for more than three years.
Hasson is now the interim COO while the company looks for a permanent replacement. He will also keep his job as general manager of Mohegan Casino at Virgin Hotels Las Vegas.
Hasson is an experienced worker in the sector. He used to be the COO of Station Casinos and Red Rock Resorts. He was also the general manager of Graton Resort & Casino and the senior vice president of operations at Station Casinos.
Hasson will be the interim COO and will report to Ray Pineault, who is the CEO and president of Mohegan.
Pineault stated, "Joseph is very qualified to keep up our high standards of service and operational excellence because he knows a lot about the gaming and hospitality industries."
"We are sure that Joe's long history and proven leadership will keep our operations and guest experience going."
Changes at Mohegan at a higher level
Madigan's leaving is the most recent shift to the senior management staff at Mohegan.
Last month, Mohegan hired Ari Glazer to be its new chief financial officer. He will start on May 1. In October of last year, it was confirmed that he will take over for Carol Anderson.
After more than 20 years with the investment bank Citigroup, Glazer joins Mohegan. Most recently, he was the managing director and worldwide head of client coverage for gaming and hotels.
Pineault is in charge of the finances until Glazer starts in May.
Mohegan had a great year in 2023, with sales reaching an all-time high of $1.67 billion (£1.34 million/€1.56 million).
Adjusted EBITDA of $399.9 million, the second highest amount ever for Mohegan, barely below the $403.9 million record set in 2022.