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Travelscape founder joins board of casino operator

Tuesday, June 12, 2001 | 10:55 a.m.

Station Casinos Inc. announced Monday the election of Timothy Poster to its board of directors.

Poster is the former chairman and chief executive of Las Vegas-based Travelscape.com, a company he founded in 1990 while attending college. Poster resigned from Travelscape in March, one year after the company was acquired for $95.5 million by Microsoft Corp.-controlled Expedia Inc.

Travelscape received a $1.5 million capital infusion from Lorenzo Fertitta, Station's president, in 1998, giving Fertitta 10 percent control of the company.

Poster replaced retired businessman R. Hal Dean, who resigned from Station's board following its May 22 annual shareholders meeting. Company officials said Dean, former chairman and chief executive of Ralston Purina Co., had decided to retire. Dean joined Station's board in 1993, and had two years remaining on his term. Dean couldn't be reached for comment.

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