Red Rock Resorts, Inc. Announces Death of President Richard J. Haskins

Rhea-AI Summary

Red Rock Resorts, Inc. announced the passing of President Richard J. Haskins in a watercraft accident on July 4, 2020. He played a pivotal role in the company's growth over 25 years, described as a trusted advisor and brilliant strategist. The Board of Directors plans to announce a succession strategy soon. CEO Frank Fertitta praised Haskins' significant contributions and expressed deep condolences to his family.

Positive

• Richard J. Haskins was instrumental in the company's development over 25 years.

Negative

• The loss of Haskins may create uncertainty in leadership and strategy.

LAS VEGAS, July 4, 2020 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "the Company" or "Station Casinos") (NASDAQ: RRR), issued the following statement:

"It is with profound sadness that we announce that Richard J. Haskins, President of Red Rock Resorts, Inc. and Station Casinos LLC, died today in a watercraft accident while vacationing in Michigan. The entire Station Casinos family mourns this loss. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to the Haskins family."

"The Board of Directors expects to make further announcements regarding its plan of succession in the coming days."

Frank Fertitta, III, CEO and Chairman of the Red Rock Resorts, Inc. Board of Directors, issued the following statement on behalf of the Company and Board of Directors:

"Words cannot express what Rich has meant to the Company and to me in the 25 years he has been with Station Casinos. He was a trusted advisor, a brilliant strategist, a steady hand in good times and in bad and most important – a friend to all. It is very hard to imagine Station Casinos being the Company it is today without Rich. He will be sorely missed by all who knew him. Our thoughts and prayers are with his children, his family and his loved ones."

Media Contacts:

Michael Britt
Red Rock Resorts
michael.britt@redrockresorts.com

Alex Acuna
Station Casinos
alex.acuna@stationcasinos.com

View original content:http://www.prnewswire.com/news-releases/red-rock-resorts-inc-announces-death-of-president-richard-j-haskins-301088155.html

SOURCE Red Rock Resorts, Inc.

FAQ

What happened to Richard J. Haskins of Red Rock Resorts?

Richard J. Haskins passed away in a watercraft accident on July 4, 2020.

How long did Richard J. Haskins serve at Red Rock Resorts?

He served at Red Rock Resorts for 25 years.

What is the stock symbol for Red Rock Resorts?

The stock symbol for Red Rock Resorts is RRR.

What will happen to the leadership at Red Rock Resorts after Haskins' death?

The Board of Directors plans to announce a succession plan in the coming days.

Who is the CEO of Red Rock Resorts?

Frank Fertitta, III is the CEO of Red Rock Resorts.