Riviera Made Public CFO's Retirement

In Las Vegas, Riviera Holdings Corporation present in the stock exchange with the symbol: RIV declared today that Mr. Duane Krohn, the Company's Chief Financial Officer and Treasurer, and the Executive Vice President of Finance and Treasurer of the Company's subsidiary, Riviera Operating Corporation has informed the Company of his departure and retirement.

The Company was prompt in announcing that Mr. William L. Westerman, the former Chief Executive Officer, has been appointed to Mr. Krohn's positions working on an interim basis. During his interim work, Mr. Westerman will also continue in his current positions with the Company and its subsidiaries.

Mr. Westerman declared, "We are grateful for Duane's 16 years of devotion and service to this Company and we wish him well on his retirement."