Bally’s Appoints Finance Exec to Board
Major casino operator Bally’s Corporation has announced that it has appointed a highly experienced executive from the finance industry, Tracy Harris, as an independent member of its board of directors. Harris has spent over 20 years high up in financial executive leadership positions, having most recently acted as vice president, chief financial officer and treasurer of MIB.
Bally’s Corporation has revealed that it has appointed an important executive from the finance industry, Tracy Harris, as an independent member of its board of directors. ©sarangib/Pixabay
Harris Holds Extensive Industry Experience; Worked at American Institute of Architects
Big league casino and sportsbook operator, Bally’s Corporation, has stepped out and revealed that it has appointed Tracy Harris, a long-time finance industry executive, as an independent member of its board of directors. As of writing, the appointment is still subject to specific regulatory approvals.
Harris boasts extensive experience in the finance world, having worked in several prestigious financial executive leadership positions for over 20 years now, most recently serving as executive vice president, chief financial officer and treasurer of MIB.
Before arriving at MIB, Harris worked as chief financial officer (CFO) of UMUC Ventures, also working the same position at Bullis School and BondFactor. Prior to this, Harris had a brief stint as CFO and vice president of administration for the American Institute of Architects, as well as CFO and senior vice president of Delon Hampton and Associates.
In addition to this, Harris’ resume includes serving as chief financial officer (CFO) of the Washington Convention Center Authority at a time during which she worked in the Government of the District of Columbia, as well as time spent as deputy treasurer of the Overseas Private Investment Corporation and assistant vice president of Financial Guaranty Insurance Company.
Harris Is Also on Board of CareFirst BlueCross Blue Shield, Independent Director at 1847 Holdings
As if that weren’t already enough, at the moment Tracy Harris also serves as a board member of health insurance and healthcare provider CareFirst BlueCross BlueShield and as an independent director at 1847 Holdings. And finally, she sits on the chair audit committee of the DC Retirement Board, as well as acting as an advisory board member of the Council of Institutional Investors.
Commenting on her appointment to Bally’s board of directors, Harris praised the strong group of individuals that make up the major casino provider’s board:
“It is an honor to join such an outstanding group of individuals on Bally’s board of directors; I look forward to bringing my experience and perspective to the Board, and to supporting Bally’s as it continues to grow and expand.”– Tracy Harris, Board Member, Bally’s Corporation, Press Release
For its part, Bally’s chairman Soo Kim welcomed Harris’ storied experience, deeply hoping her skills and knowledge will come as a boon to Bally’s operations moving forward:
“On behalf of the entire Board of directors, I am pleased to welcome Tracy Harris to Bally’s. We will undoubtedly benefit from her deep finance, operations, and strategy expertise.”– Soo Kim, Chairman, Bally’s Corporation, Press Release
Bally’s Made Deal with International Union of Operating Engineers (IUOE) in December 2022
In other recent Bally’s news, the casino operator entered into a labor neutrality agreement with the International Union of Operating Engineers (IUOE) in December 2022 concerning specifically its Tropicana Las Vegas retail property.
What the two agreed on exactly is their respective stances on union organizing campaigns, with both vowing to adopt a neutral stance. For a little background – the International Union of Operating Engineers (IUOE) is the 10th largest union in the AFL-CIO conglomerate, showcasing approximately 400,000 active members in 123 local unions.
Bally’s chairman Soo Kim paid great overture to Bally’s employees, going so far as to claim that they are the corporation’s strongest and most crucial asset:
“Bally’s employees are our most valuable asset, and we have worked hard to ensure that they maintain an unimpeded right to select their representation. We have an established track record of building positive relationships with organized labor and look forward to continuing to foster our relationship with IUOE.”
For the union’s part, Jose Soto, Organizing Director of the International Union of Operating Engineers (IUOE) Local 501, claimed it was appreciative of Bally’s commitment to supporting organized labor:
“Bally’s and IUOE are aligned in our efforts to advance employee representation locally and at the national level. As a result of the commitment and integrity demonstrated by Mr. Kim and his team, we’ve developed a strong relationship with Bally’s that we are confident will benefit the company’s workforce for many years to come.”– Jose Soto, Organizing Director, International Union of Operating Engineers (IUOE) Local 501, Press Release
Casino Operator Picked New Chief Legal Officer Also in December 2022
Further executive-level appointments for Bally’s arrived as recently as December 2022, when the casino giant announced the appointment of Kim Barker Lee as its latest executive vice president and chief legal officer.
Lee now directs Bally’s multiple legal and public affairs teams, and arrives at the company most recently from International Game Technology (IGT), where she served a vice president of diversity and inclusion. Lee believes Bally’s finds itself in a strong position at the moment, while also seeing a bright future ahead:
“I’m pleased to be joining Bally’s during such an exciting time; the opportunities for growth are significant as the company advances its transformation into a global omni-channel gaming leader. I’ve spent much of my career deploying leadership and operational strategies in the lottery and gaming space, so I understand how the industry works and the challenges that must be overcome. I look forward to this next chapter and to playing a part in Bally’s continued success.”
