Monarch Casino & Resort announces board changes and new director appointment
Monarch Casino & Resort announced the resignation of Yvette E. Landau and the appointment of Hope Taitz to its Board of Directors.Summary
Monarch Casino & Resort has announced several changes to its board of directors. Yvette E. Landau has resigned from the Board of Directors and its Compensation and Audit committees, effective January 1, 2026, due to personal reasons with no disagreement with the company. Simultaneously, Hope Taitz has been appointed as a new director, also effective January 1, 2026, pending regulatory approvals. Taitz will serve on the Compensation and Audit committees and will receive an annual fee of $75,000, along with stock option grants. Taitz brings extensive experience from roles at ELY Capital, Drexel Burnham Lambert, The Argosy Group, and Crystal Asset Management, and has previously served on the boards of Athene Holding Ltd., MidCap Finco Holdings Limited, Yahoo!, and other organizations. In related news, Monarch Casino & Resort exceeded third-quarter adjusted EBITDA expectations, prompting Stifel to raise its price target to $97 and Truist Securities to reiterate a Buy rating with a price target of $120, citing strong performance driven by recent renovations in Reno.
(Source：Investing South Africa)