leadership
confidence high
sentiment neutral
materiality 0.70
Century Casinos terminates two EVPs, appoints Lyle Randolph as US Operations EVP
CENTURY CASINOS INC /CO/
- Andreas Terler (US Ops EVP) and Nikolaus Strohriegel (Canada/Europe Ops EVP) terminated without cause, effective May 15, 2026.
- Each executive receives 2x base salary plus average of last 3 years' bonuses, paid monthly for 2 years, plus immediate vesting of equity.
- Lyle Randolph promoted to Executive VP of Operations for the US, effective May 15, overseeing 7 properties with 4,701 slots, 93 tables, 2,127 hotel rooms.
- Randolph oversaw over $80M in capital projects; Adjusted EBITDAR grew over 70% under his leadership since 2019.
- Employees remain employed through Sep 15, 2026 per local notice requirements; release agreement required for severance.