Oct. 14, 2009 (GlobeNewswire) --
NEW YORK, Oct. 14, 2009 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq:MPEL) (the "Company"), a developer and owner of casino gaming and entertainment resort facilities focused on the Macau market, announced today the appointment of Todd Nisbet to its Board of Directors.
Mr. Nisbet is currently serving as Executive Vice President - Design and Construction for Crown Limited, where he is responsible for all international project development and construction operations.
From 2000 through 2007, Mr. Nisbet was Executive Vice President - Project Director for Wynn Design and Development, the development subsidiary of Wynn Resorts, Limited. In this role, Mr. Nisbet was responsible for all project development and construction operations undertaken by Wynn Resorts, Limited, including Wynn Las Vegas and Wynn Macau.
Prior to joining Wynn Resorts, Mr. Nisbet was the Vice President of Operations for Marnell Corrao Associates. During his 14 years at Marnell Corrao, he was responsible for managing various aspects of the construction of some of Las Vegas' most elaborate and industry defining properties.
Mr. Nisbet holds a Bachelor of Science degree in Finance from the University of Nevada, Las Vegas.
He replaces Mr. John Alexander, who resigned from the Company's Board of Directors effective today. Lawrence Ho, Co-Chairman and CEO of Melco Crown Entertainment said, "We welcome Todd to the Board. We also thank John for his service over the last three years. His contribution to the Company is greatly appreciated."
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Melco Crown Entertainment Limited (the "Company") may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties.