Seneca Gaming Corp. Appoints Interim CEO
Native American-controlled Seneca Gaming Corporation (SGC) is looking for new ways in which to boost its stay-at-home-affected casinos and part of the change is not renewing current CEO Holly Gagnon’s contract, which is set to expire on May 31st. SGC last week announced that Gagnon will indeed be taking her leave come contract expiration date, and that Chief Financial Officer David Sheridan has been appointed interim President and CEO.
That’s now to say, however, that the soon to be former CEO hasn’t more than just pulled her weight during her time at the helm of the tribal gaming operator. Appointed to the position of CEO in 2017, Gagnon oversaw, among other projects, a US$40 million expansion that resulted in an improved Seneca Niagara Arrival Experience at the famous Seneca Niagara Resort & Casino. Another major contribution made by Gagnon was her spearheading of in-person sports betting at all three casino resorts managed by the tribal Seneca Nation of Indians.
Great Expectations Of Sheridan
But David Sheridan, pointed out current Seneca Nation President Ricky Armstrong Sr. at the time of Gagnon’s stepping-down announcement, has been an integral part of the tribal operator’s corporate structure for more than a decade now and has throughout this time, earned the trust of the entire management brigade, making of Sheridan a perfectly suitable candidate for the interim role entrusted to him.
It furthermore stands to reason that a strong leader already intimately involved with the financial situation of the corporation would be a spot-on fit to the task of leading the corporation’s three casinos through the upcoming public health-focused re-opening process. A pivotal time is now in the offing and Sheridan has a mammoth task assigned to him and his team.
Event Centers Remain Problematic
Re-opening dates have not yet been announced as set in stone, but preparation processes are already well under way. The three casinos will likely get to open doors to the general public sooner rather than later but the same cannot be said for the events centres managed/owned by the Seneca tribe.
Western New York government administrators have been clear about the fact that no live entertainment events will be permitted to be hosted until at least October this year. This gravely affects tribal-owned venues like the Seneca Niagara Event Center, Seneca Allegany Event Center, Seneca Niagara and Seneca Allegany Outdoor Concert venue, etc. The majority of events planned for the mentioned centres for the remainder of the year have now been cancelled.