CFO Reed resigns; Loveman promoted

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Tuesday, April 24, 2001 | 11:02 a.m.

Harrah's Entertainment Inc. of Las Vegas announced Monday its chief financial officer, Colin Reed, has resigned.

Harrah's immediately promoted Charles Atwood, vice president and treasurer of Harrah's, to take over as CFO. Atwood has worked for Harrah's since 1979.

The company also announced the promotion of Gary Loveman, chief operating officer, to the position of president. Harrah's previously had no president, instead splitting an "office of the president" between Loveman, Reed and Chairman Phil Satre.

Reed resigned to become chief executive officer of Gaylord Entertainment Inc. of Nashville, Tenn., an entertainment company best known as the operator of the Grand Ole Opry.