People: Lakes Entertainment Inc (LACO.OQ)

LACO.OQ on NASDAQ Stock Exchange Global Market

29 Jul 2014
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$0.07 (+1.58%)
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Berman, Lyle 

Brief Biography

Mr. Lyle A. Berman is Chairman of the Board, Chief Executive Officer of Lakes Entertainment, Inc., since June 1998. He was Chairman of the Board of Directors of Grand Casinos, Inc. (the predecessor to Lakes) from October 1991 through December 1998. Mr. Berman served as President of Lakes from November 1999 until May 2003. Mr. Berman has also served as the Executive Chairman of the Board of WPT Enterprises, Inc. (now known as Emerald Oil, Inc.) from its inception in February 2002, and had served as its Chief Executive Officer from February 25, 2005 until April 1, 2005. Mr. Berman has also been Chairman of the Board of PokerTek, Inc. since January 2005. Mr. Berman also served as Chief Executive Officer of Rainforest Café, Inc. from February 1993 until December 2000.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
600,000 -- 83,328 683,328

Options Compensation

  Quantity Market Value
Exercisable 1,700,000 2,953,000.00
Unexercisable 200,000 --
Exercised 1,000,000 3,142,500.00
Name Fiscal Year Total

Lyle Berman


Timothy Cope


Larry Barenbaum


Ray Moberg


Neil Sell

As Of 29 Dec 2012
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