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Chairpersons

Gateway Casinos Income Fund Announces Leadership Changes

Strategic Insights

— 1 min read

In a strategic move, Gateway Casinos Income Fund announced the retirement of Chief Executive Officer (CEO) Raymond A. McLean and the appointment of David Gadhia as his replacement. McLean, who has been instrumental in building the company into one of Canada's leading gaming industry players, will remain as Chairman of the Board. The Fund also appointed Monique Wilberg as Chief Operating Officer, while Bradley D. Bardua will continue as Chief Financial Officer. These changes are set to shape the Fund's future and solidify its position in the Canadian gaming market.

Key Takeaways:

  • David Gadhia, a Chartered Accountant and founding shareholder, has taken over as CEO, bringing 14 years of experience in the Canadian gaming industry to the role.
  • Monique Wilberg, a founding shareholder, has been appointed as Chief Operating Officer, and will continue to develop and implement the company's strategic vision.
  • Bradley D. Bardua, instrumental in the Fund's IPO in 2002, will remain as Chief Financial Officer and continue as the primary liaison with the financial community and industry analysts.
  • The Fund operates the Burnaby Casino in Greater Vancouver, the Palace Casino in Edmonton, and the Lake City Casinos in Kamloops, Kelowna, Penticton, and Vernon, BC.
  • Gateway Casinos Income Fund is one of the largest casino operators in Western Canada, with its headquarters in Burnaby, BC.
  • Raymond A. McLean, a key figure in the company's success, will remain as Chairman of the Board after his retirement as CEO.

Statistics:

  • 14 years: The amount of time David Gadhia has spent in the Canadian gaming industry, with 14 years of experience as a senior executive.
  • 2002: The year Bradley D. Bardua was instrumental in the Fund's IPO, which was a significant milestone for the organization.
  • 2006: The year the appointment of David Gadhia as CEO and Monique Wilberg as Chief Operating Officer was announced, with Raymond A. McLean retiring as CEO.
  • 6: The number of casinos operated by Gateway Casinos Income Fund in BC, including the Burnaby Casino, Palace Casino, and Lake City Casinos in Kamloops, Kelowna, Penticton, and Vernon.

Sources:

  • Gateway Casinos Income Fund
  • CCNMatthews

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