People: Monarch Casino & Resort Inc (MCRI.O)

MCRI.O on Nasdaq

6.92USD
9 Feb 2010
Price Change (% chg)

$0.36 (+5.49%)
Prev Close
$6.92
Open
--
Day's High
$6.74
Day's Low
$6.51
Volume
26,245
Avg. Vol
29,610
52-wk High
$13.32
52-wk Low
$3.59

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Summary

Name Age Since Current Position
Farahi, John 61 1993 Co-Chairman of the Board, Chief Executive Officer, Chief Operating Officer
Farahi, Bob 58 2006 Co-Chairman of the Board, President, Secretary
Rowan, Ronald 45 2006 Chief Financial Officer, Treasurer
Sullivan, Darlyne 54 2006 Executive Vice President - Operations of Golden Road and General Manager of Golden Road
Cooley, Richard 61 2001 Vice President - Finance of Golden Road
Sullivan, Craig 62 1998 Director
Zideck, Ronald 71 2000 Director
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Biographies

Name Description
Farahi, John John Farahi has been Co-Chairman of the Board and Chief Executive Officer of Monarch Casino & Resort Inc. since its inception, and of Golden Road since June 1993. From 1973 until June 1993, Mr. Farahi was President, Director, and General Manager of Golden Road. Mr. Farahi is a partner in Farahi Investment Company (“FIC”) which is engaged in real estate investment and development. Mr. Farahi served on the Washoe County Airport Authority as a Trustee from July 1997 until June 2005. Mr. Farahi is a former member of the Nevada Commission on Tourism and is presently a Board Member of the Reno-Sparks Convention and Visitors’ Authority. Mr. Farahi holds a political science degree from the California State University at Hayward.
Farahi, Bob Bob Farahi has been Co-Chairman of the Board and President of Monarch Casino & Resort Inc. since its inception, and of Golden Road since 1993. From 1973 until June 1993, Mr. Farahi was Vice President and a Director of Golden Road. Mr. Farahi divides his working time between the Company and the other companies with which he is involved. Mr. Farahi is a partner in FIC. Mr. Farahi holds a biochemistry degree from the University of California at Berkeley.
Rowan, Ronald Ronald Rowan serves as Chief Financial Officer and Treasurer of Monarch Casino & Resort Inc. and of Golden Road, joined the Company in June 2006. From December 2004 to June 2006, Mr. Rowan served as the Chief Operating and Financial Officer of Ztrading Industries, LLC, a retail software company. From June 2003 to December 2004, he served as the CFO of Camco, Inc., a specialty finance lender. Mr. Rowan was the CFO of the North/South American subsidiary of Aristocrat Technologies, Inc., a public Australian based systems and gaming device company, from June 2001 through June 2003 and was employed by Casino Data Systems, also a public systems and gaming company, from September 1996 through June 2001 as its Controller and then as its CFO. Prior to joining Casino Data Systems, Mr. Rowan was employed by Price Waterhouse for the ten years in its audit practice for six years and then in its strategic consulting practice for four years. Mr. Rowan is a certified public accountant with a bachelor’s degree from the University of Southern California and an MBA from the University of California, Los Angeles.
Sullivan, Darlyne Darlyne Sullivan has been the General Manager of Golden Road since February 2006 and Executive Vice President of Operations of Golden Road since 2004. From June 1993 until 2004, Mrs. Sullivan was Vice President of Sales and Marketing and Assistant General Manager of Golden Road. Mrs. Sullivan has held positions including Assistant General Manager/Director of Sales and Marketing, Reservations and Sales Manager, Front Desk Manager, Hotel Manager and Assistant Hotel Manager for Golden Road from May 1977 through June 1993.
Cooley, Richard Richard Cooley has been Vice President of Finance of Golden Road since May 2001. Mr. Cooley was Vice President of Administration of Golden Road from March 2001 through May 2001, and served as Vice President of Operations of Golden Road from July 1995 through March 2001. Mr. Cooley served as Vice President of Finance of Golden Road from June 1993 through July 1995, and served as Controller of Golden Road from March 1993 through March 1994. Mr. Cooley was President and General Manager of the Reno Ramada Hotel Casino from May 1988 to March 1993, and he was Chief Financial Officer and Assistant General Manager from 1981 to 1988. From July 1977 to June 1981, Mr. Cooley was Controller and Co-General Manager of the Shy Clown Casino in Reno. Mr. Cooley is a certified public accountant with a bachelor’s degree in Business Administration from the University of Nevada.
Sullivan, Craig Craig Sullivan has been a member of the Board of Monarch Casino & Resort Inc. since September 1998. He is the recently retired Chairman of the Board of Park Cattle Company. Since March 1998, Mr. Sullivan has been President of Sullivan & Associates, a strategic and financial consulting firm geared to companies in the gaming industry. From April 1995 to March 1998, Mr. Sullivan served as Chief Financial Officer and Treasurer of Primadonna Resorts, Inc., and from February 1990 to April 1995, Mr. Sullivan served as Treasurer of Aztar Corporation. Mr. Sullivan also served on the Board of New York-New York Hotel & Casino from March 1996 to June 1998. Mr. Sullivan holds a bachelor’s degree in economics from The George Washington University and holds a master’s degree in international management from the American Graduate School of International Management.
Zideck, Ronald Ronald R. Zideck has been a member of the Board of Monarch Casino & Resort Inc. since March 2000. From August 1981 to August 1997, he was Managing Partner for the Reno office of the national accounting firm of Grant Thornton, LLP and served on that firm’s National Executive Committee. He also served as a director at Harveys Casino Resorts from May 1997 to February 1999 and as a director of planned giving for the University of Nevada, Reno from March 2003 to March 2006. On March 1, 2006, Mr. Zideck became Vice President of Business Development for The Whittier Trust Company of Nevada. Mr. Zideck is a certified public accountant with a bachelor’s degree in business administration from the University of Nevada.

Basic Compensation

Name Fiscal Year Total
Farahi, John 1,452,030
Farahi, Bob 655,811
Rowan, Ronald 355,277
Sullivan, Darlyne 413,482
Cooley, Richard 338,939
Sullivan, Craig --
Zideck, Ronald --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Farahi, John 200,000 1,718,000
Farahi, Bob 110,000 1,138,000
Rowan, Ronald 0 0
Sullivan, Darlyne 150,332 1,537,366
Cooley, Richard 100,000 1,052,500
Sullivan, Craig 0 0
Zideck, Ronald 0 0

Insider Trading

Name Shares Traded Price
FARAHI BOB 20,000 $11.91
FARAHI BOB 9,656 $9.22
FARAHI BOB 344 $9.22
FARAHI BOB 9,201 $10.27
FARAHI BOB 799 $10.23
FARAHI BOB 2,297 $9.00
FARAHI BOB 19,596 $8.67
FARAHI BEN 14,100 $13.75
ROWAN RON 1,000 $12.98
ROWAN RON 1,450 $16.90
ZIDECK RONALD R 500 $16.77
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