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TMCNet:  CAESARS ENTERTAINMENT CORP FILES (8-K) Disclosing Change in Directors or Principal Officers

[January 16, 2014]

CAESARS ENTERTAINMENT CORP FILES (8-K) Disclosing Change in Directors or Principal Officers

(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 10, 2014, the Board of Directors of Caesars Entertainment Corporation (the "Company") approved a reduction in the compensation of Director Lynn Swann from $115,000 per year to $90,000 per year effective January 1, 2014, to reflect his change in responsibilities.


Mr. Swann is no longer a member of the Company's Audit Committee but continues to serve as a member of the Company's Human Resources Committee, the Nominating and Corporate Governance Committee and the 162(m) Plan Committee.

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