December 19, 2014 4:03 AM ET

Hotels, Restaurants and Leisure

Company Overview of Riviera Holdings Corp.

Company Overview

Riviera Holdings Corporation, through its subsidiary, Riviera Operating Corporation, owns and operates the Riviera Hotel & Casino located on Las Vegas Boulevard in Las Vegas, Nevada. Its Riviera Hotel & Casino’s hotel comprises 5 towers with 2,075 guest rooms, including 171 suites; and casino consists of 834 slot machines and 21 gaming tables. The company was founded in 1993 and is based in Las Vegas, Nevada.

2901 Las Vegas Boulevard South

Las Vegas, NV 89109

United States

Founded in 1993

999 Employees

Phone:

702-734-5110

Key Executives for Riviera Holdings Corp.

Principal Executive Officer and President
Age: 45
Chief Financial Officer
Age: 46
Secretary
Age: 59
Vice President of Hotel Operations
Compensation as of Fiscal Year 2014.

Riviera Holdings Corp. Key Developments

Riviera Holdings Corp. and Riviera Operating Corporation Announces Board Changes

Steven Hankin was removed as Director of Riviera Holdings Corporation and Riviera Operating Corporation, effective December 8, 2014. On December 8, 2014, the holder of 100% of the company's Class A Shares elected Robert Scoville to serve as Director of the company. The company, in its capacity as sole shareholder of ROC, elected Mr. Scoville to serve as Director of ROC. In addition, Mr. Scoville was appointed to serve as a member of the Management Agreement Committee pursuant to the Resort Management Agreement with Paragon Riviera LLC.

Riviera Holdings Corp. Auditor Raises 'Going Concern' Doubt

Riviera Holdings Corp. filed its 10-K on Mar 31, 2014 for the period ending Dec 31, 2013. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Riviera Holdings Corp. and Riviera Operating Corporation Announce Management Changes

Effective on October 7, 2013, the Board of Directors of Riviera Holdings Corporation appointed Michael Pearse, age 46, as the company's Chief Financial Officer and Treasurer. Further, Mr. Pearse was also appointed as the Chief Financial Officer, Treasurer and Vice President of Finance of the company's wholly-owned subsidiary Riviera Operating Corporation. Mr. Pearse fills these positions vacated by Mr. Paul Roshetko, who separated from these positions effective on October 4, 2013. The company has agreed to compensate Mr. Roshetko through October 18, 2013. Mr. Pearse brings over 19 years of experience in the hospitality industry, primarily in the area of finance and accounting. Before joining the company, Mr. Pearse was the Director of Finance for the Belle of Baton Rouge since January 2013. Before that, Mr. Pearse was the Vice President of Finance for L'Auberge Casino & Hotel Resort.

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