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Pinnacle Entertainment Hires New CEO11 April 2002GLENDALE, California –(Press Release) -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced that the Company has hired Daniel R. Lee, formerly the Chief Financial Officer and Senior VP-Development of Mirage Resorts, to become the Company's Chief Executive Officer (CEO) and Chairman of the Board, subject to regulatory approvals. He is replacing Paul Alanis as CEO, who resigned. The Board commented, ``Paul did a good job for us and we wish him the best. We are delighted that Dan is joining Pinnacle Entertainment as its CEO. He is a strong and experienced gaming executive and we are confident that he will be a great leader of the Company going forward. He will work closely in this role with Wade Hundley, the Company's Chief Operating Officer. Since Mr. Hubbard intended to retire from the board at the forthcoming annual meeting, we felt it was appropriate for Dan to also become Chairman at this time.'' |