Mohegan has announced the promotion of its former SVP of Strategic Development, Nelson Parker, as Chief Strategy Officer, responsible for identifying, assessing and executing growth opportunities and strategic new ventures globally.
The new position will see Parker play a critical role in future growth and capital planning, initiating and vetting growth opportunities and collaborating across all functional areas to ensure successful implementation, the company explained. He will also work closely with the executive team to align strategic initiatives with Mohegan’s long-term goals and vision.
“Nelson has vast experience and a proven track record in strategic development and growth within the gaming and hospitality sectors,” said Mohegan President and CEO Ray Pineault. “His skills will be invaluable as we continue to expand our footprint globally and explore new opportunities.”
Parker’s promotion comes with Mohegan having recently expanded into Asia for the first time with the opening of INSPIRE – a US$1.6 billion integrated resort project in Incheon, South Korea.
Parker, who joined Mohegan in 2022, previously served as a Managing Director at private equity fund Driftwood Capital, while his gaming industry experience includes stints as SVP of Corporate Development at Penn National Gaming, SVP of Hotel & Casino Development at Hard Rock International, Vice President of Development at Foxwoods Resort Casino, and Corporate Director of Development at Argosy Gaming.