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Gary Loveman    

Former Chairman and CEO of Caesars Entertainment Corp.; Harvard Business School Senior Lecturer

Gary Loveman is the former Chairman, President and CEO of Caesars Entertainment Corporation and current Senior Lecturer in the Department of Finance at Harvard Business School. Loveman joined Caesars Entertainment Corporation as Chief Operating Officer in 1998, after serving as an associate professor at the Harvard University Graduate School of Business Administration. He drew on his background in service-management to develop the gaming industry's most successful loyalty and analytics program, Total Rewards, which boasts more than 40 million members.

Loveman was named CEO in January 2003. He presided over a period of growth that included the 2004 purchase of Horseshoe Gaming and the World Series of Poker and the 2005 acquisition of Caesars Entertainment, Inc. In January 2008, Caesars went private in a $30.7 billion transaction led by private equity firms TPG Capital and Apollo. In the wake of the 2008 financial crisis, Loveman led Caesars' successful debt reduction and liquidity improvement strategies, while also adding Planet Hollywood to the Company's portfolio. He stepped down as CEO in 2015 and was chairman until 2017. Loveman was recognized as the gaming and lodging industry's best CEO by Institutional Investor magazine for four consecutive years.

After Caesars, Loveman was president of Aetna's Customer Health Services division from 2015 until 2018. He was charged with leading Aetna's strategies concerning "population health and consumer engagement," in part using data analytics and marketing

Loveman is the past chairman of the American Gaming Association. He is a member of the President's Export Council and serves as Chairman of the Business Roundtable's Committee on Health and Retirement. He also serves as a director of Coach, Inc. and FedEx Corporation and sits on the Board of Trustees at Children's Hospital Boston and the Visiting Committee of the Department of Economics at M.I.T. He is also a partial owner of the Boston Celtics.

Loveman holds a Ph.D. in economics from M.I.T., where he was an Alfred Sloan Doctoral Dissertation Fellow, and a B.A. in economics from Wesleyan University.


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