March 17, 2021 Casino, Tribal, Land-Based

Mario Kontomerkos departing as Mohegan Gaming CEO

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Mohegan Gaming and Entertainment has announced that Mario Kontomerkos will step down as CEO effective March 31.

Current COO Ray Pineault will act as interim CEO as the Connecticut-based company conducts a search for a permanent replacement.

Kontomerkos has served as MGE’s CEO since October 2017. He joined the company in 2011.

“During his tenure with the organization, first as Chief Financial Officer and more recently as CEO, Mario played a critical role in the growth and success of the organization,” said James Gessner, Jr., Chairman of the Mohegan Tribe. “We thank Mario for his many years of service to the Tribe and MGE, more recently navigating the company successfully through the ongoing global pandemic as well as a major refinancing earlier this year. We wish Mario all the best in his future endeavors and opportunities.”

Pineault takes over as interim CEO with 20 years of experience at MGE. He was previously President and General Manager of flagship property Mohegan Sun.

“While we conduct a search for a new CEO, we are thankful for Tribal member and MGE COO Ray Pineault, who will assist as Interim CEO. Ray has served his Tribe for over two decades in various roles and capacities, and we look forward to his continued guidance and experience as we search for a new corporate leader.” Gessner said.

MGE also announced that Carol Anderson will serve as CFO. She arrives from Scientific Games, where she was most recently Senior Vice President – Treasury, Capital Markets and Associate General Counsel.

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