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SEC filingCentury Casinos terminates two EVPs without cause and appoints Lyle Randolph as EVP of U.S. Operations, effective May 15, 2026.
Century Casinos announced the termination of two senior executives, Andreas Terler (EVP Operations – US) and Nikolaus Strohriegel (EVP Operations – Canada and Europe), effective May 15, 2026, without cause. Each will remain employed through September 15, 2026 per local notice requirements. The severance packages include two times base salary plus average bonus over three years, paid monthly for two years, and immediate vesting of unvested equity awards subject to performance goals. Concurrently, Lyle Randolph, previously Vice President and General Manager of the Missouri properties, was appointed Executive Vice President of Operations for the United States, effective May 15, 2026. Randolph brings over 30 years of experience and has overseen more than $80 million in capital projects, resulting in over 70% Adjusted EBITDAR growth. He will oversee the company's seven U.S. properties. These changes signal a leadership restructuring aimed at consolidating U.S. operations under a single executive with a proven track record.