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March 6, 2015

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Riviera executive William Westerman dies at 78

Riviera Holdings Corp. President, Chief Executive and Chairman William Westerman died Sunday, the company announced in a filing with the Securities and Exchange Commission on Monday. He was 78.

He served as chairman of the board and CEO of Riviera Holdings Corp. and its predecessor company since January 1992. Westerman also served as chairman of the board of directors and CEO of Riviera Operating Corporation, as well as chairman of the board of directors, CEO and president of Riviera Black Hawk.

The duties of CEO will be divided among Riviera Holdings Corp. executives Tullio Marchionne, Robert Vannucci and Phillip Simons on an interim basis, the filing indicated. Current board member Vincent DiVito was elected as chairman of the board. DiVito has been on the board of directors since 2002

The Riviera Holdings Corp. owns and operates the Riviera Hotel & Casino in Las Vegas and Riviera Black Hawk Casino in Black Hawk, Colo.

From 1973 to June 1991, Westerman was president and CEO of Cellu-Craft Inc., a manufacturer of flexible packaging primarily for food products, and then held several positions with Alusuisse, a multinational aluminum and chemical company, according to a Riviera Holdings Corp. SEC filing from last month.

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