Galaxy Entertainment Group (GEG) has announced the appointment of Michael Mecca as a non-executive director, effective immediately.
The 69-year-old, who joined the group as President and Chief Operating Officer in 2009, had previously announced his retirement in April after nine years with the company.
In a filing to the Hong Kong Stock Exchange (HKSE), GEG said Mecca had entered into a three-year service contract with GEG which will see him subject to retirement by rotation and re-election in accordance with company and HKSE regulations. He will be paid an annual fee of HK$240,000 plus bonuses.
“The board would like to express its warmest welcome to Mr Mecca on his appointment,” GEG said.
Mecca is also a member of the board of directors of GEG’s strategic partner in Japan, Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (“SBM”), of which GEG holds a 5% equity interest. He remains licensed by the Gaming Commissions in Macau and Australia as well as those in both Nevada and Michigan in the US, is Honorary President of The Macau Gaming Management Association (MGMA), sits on the Advisory Board of Macau University Institute for the Study of Commercial Gaming, is a member of the G2E Asia Executive Non-Gaming Advisory Board, an Honorary Advisor of the International Film Festival & Awards Macao (IFFAM) and Honorary President of Macau Responsible Gaming Association.
