Mohegan CEO Ray Pineault to step down after 25 years with the company

Ray Pineault, President and CEO of Mohegan Gaming, will step down on December 28 to spend more time with his family.

Pineault joined Mohegan in 2001 as a senior attorney and steadily rose through the ranks, serving in roles including president, general manager, and CEO. He was appointed to his current position in 2021 and played a key role in reopening Mohegan resorts following the COVID-19 pandemic.

“With Mohegan well-positioned for the future, including the expansion of online gaming, the time is right for me to transition from my role as President and CEO of Mohegan," Pineault said in a statement. "It has been my distinct honor to serve my Tribe for the past 25 years, and I look forward to focusing more on my family, who undoubtedly have made sacrifices for me to hold this position."

In recognition of his service, James Gessner Jr., Tribal Council chairman, expressed gratitude on behalf of the Board and the Tribe, noting that Pineault’s efforts have helped safeguard the Mohegan people for 13 generations to come. Gessner also wished him happiness and blessings as he embarks on the next chapter of his life.

“The devotion and passion Ray has demonstrated over the last 25 years are testaments to his unwavering dedication to helping our Tribe,” he said. “Being the head of an organization, especially an international business, comes with immense responsibility, unrelenting hours, and a willingness to make personal sacrifices for the betterment of his fellow Tribal members and the thousands of Mohegan employees who rely on his leadership and guidance.”

Mohegan’s management board said that steps are being taken to ensure a smooth transition of leadership with the executive team.