Philip G Satre

A private investor. Chairman of the Board and Chief Executive Officer of Harrah's Entertainment, Inc., a provider of branded casino entertainment, from 1980 to 2005. Mr. Satre is also a director of Rite Aid Corporation and lead director of Sierra Pacific Resources. Phil Satre retired from Harrah’s Entertainment, Inc. in January, 2005, having served as the company’s Chairman of the Board since January, 1997. He joined the company in 1980 as Vice President, General Counsel and Secretary at a time when the company had just two Nevada casinos and a casino under development in Atlantic City. He was named President and Chief Executive Officer of Harrah’s gaming division in 1984 and to the company’s board in 1988. In 1994, he became CEO of Harrah’s Entertainment, Inc. and, in 1997, he was elected Chairman of the Board. Prior to joining Harrah’s, Satre was an attorney with Vargas & Barlett in Reno, Nevada. Satre is a graduate of Stanford University with a Bachelor of Arts degree in Psychology and a J.D. from the University of California at Davis. He attended the Senior Executive Development Program at M.I.T.’s Sloan School of Management in 1982. Satre is Chairman of the National Center For Responsible Gaming (NCRG) and serves on the boards of TABCORP Holdings, Ltd. (Australia), Rite Aid Corporation, the Stanford University Board of Trustees, the Nevada Cancer Institute, the National D-Day Museum, and the University of California at Davis School of Law Alumni Association. His other board service in recent years included the American Gaming Association, the Stanford University Athletic Board, the Business Roundtable and the UNLV Foundation.