Jones Lang LaSalle

Larry Mullin Will Head Borgata
By Eric Peterson
Last updated: January 25, 2006 09:00am

ATLANTIC CITY-Borgata Hotel Casino & Spa, a joint venture of operating partner Boyd Gaming and MGM Mirage, has appointed Larry Mullin as its new president and COO, replacing Bob Boughner. The latter is moving west to Las Vegas to run Echelon Resorts, a new development just announced by Boyd Gaming.

Borgata has simultaneously promoted five other executives: Auggie Cipollini to SVP and chief administrative officer, Tom Balance to SVP of development, Joe Lupo to SVP of operations, Hugh Turner to VP of finance and Chris Rynkiewicz to director of finance. Mullin comes to Borgata with a 20-year career in the Atlantic City market in a variety of management positions.

Cipollini, who will oversee the areas of finance and general administration of the property, replaces Kevin Sullivan, who will similarly move to Echelon Resorts with Boughner in a top executive position.

Balance, meanwhile, will oversee construction and development of Borgata’s next two phases of expansion, currently under way. Lupo will oversee the property’s food, beverage, gaming and related functions. Turner will be responsible for property finance functions. And Rynkiewicz will oversee areas of general cashiering and related financial functions. Borgata, currently being expanded, features 2,000 guest rooms, 125,000 sf of gaming space, a major retail/restaurant component, a 54,000-sf spa, 70,000 sf of event space and parking for 7,100 cars.