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Aristocrat Leisure CEO Search Continues

17 September 2003

SYDNEY, Australia – As reported by the Associated Press: "Aristocrat Leisure, the world's second-biggest maker of slot machines, said its board hasn't yet decided who will be hired as the company's chief executive.

"The board, meeting this week in Las Vegas, considered a number of candidates and said the search for a new chief executive was `well advanced,' Sydney-based Aristocrat said in a statement to the Australian Stock Exchange.

"…The new executive will be tasked with reviving earnings after slowing sales and a bungled South American contract led the company to report its first loss since 1996."

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