New Mexico Lottery suddenly terminates CEO

Comment #19

jamella724 — Mon, 09 Dec 2013 10:30:37 GMT

There must be a really good reason for the board members to unanimously vote for the termination of the CEO. I am quite curious what that reason could be, why they didn't ask for resignation instead of termination. How did the Mr. Romero take such actions. I am looking forward about the update of this news.

Comment #18

THRIFTY — Mon, 18 Nov 2013 20:12:49 GMT

It is very sad to see a lottery CEO losing his job.

Comment #17

mypiemaster — Sun, 17 Nov 2013 14:05:52 GMT

Always better when they are escorted out by security, and their personal belongings left outside the office.

Comment #16

Artist77 — Thu, 14 Nov 2013 23:51:54 GMT

lol....my fave DC line is that this person will no longer be continuing in his/her capactity as Director of so and so. So the staff is left wondering, was she/he promoted/kicked upstairs, seriously ill, fired, or under indictment? lol

Comment #15

rdgrnr — Thu, 14 Nov 2013 23:09:27 GMT

This must have been under adverse terms.

Cuz they didn't even show him the courtesy of saying he resigned because he wanted to spend more time with his family.

Which is what they usually say when bigshots get fired.

Comment #14

maringoman — Thu, 14 Nov 2013 21:44:12 GMT

They can't have that lol the lottery is supposed to be painful and unforgiving..

Comment #13

Jon D — Thu, 14 Nov 2013 21:21:18 GMT

This is New Mexico, not old Mexico below the border. But I get what you mean.

Actually, in the old days, if he was doing hanky panky, they'd probably fire the secretary and give him a promotion. Instead, today they say thank you for your years of service and let him slip quietly away with a hefty severance package, probably to a high paying job in the private sector with one of the contractors, or possibly run for congress.

Comment #12

JoeBigLotto — Thu, 14 Nov 2013 18:42:45 GMT

Am not surprised mexico terminated it's lottery CEO but am surprised they terminated him peacefully and not the real Mexican way of termination .At least they are getting better civilized over there.lol

Comment #11

noise-gate — Thu, 14 Nov 2013 17:24:35 GMT

Iol..splinters huh?

He probably knows why they showing him the door. I wonder if these CEO's of lottery Commissions get their Golden Parachute when they told their services are no longer required

Comment #10

sully16 — Thu, 14 Nov 2013 15:46:14 GMT

Hmmm, I wonder if we'll hear more, there's always more.

Comment #9

helpmewin — Thu, 14 Nov 2013 15:39:01 GMT

lakerben

Comment #8

helpmewin — Thu, 14 Nov 2013 15:37:51 GMT

Comment #7

mypiemaster — Thu, 14 Nov 2013 12:59:00 GMT

Hanky Panky

Comment #6

RedStang — Thu, 14 Nov 2013 06:09:51 GMT

I'm gonna guess, too many winners.

Comment #5

LottoMetro — Thu, 14 Nov 2013 04:50:09 GMT

Interesting. He is also chairman of MUSL (Powerball).

Comment #4

MADDOG10 — Thu, 14 Nov 2013 04:44:46 GMT

Ouch, those splinters sure do hurt. Don't you just Love it when a board terminates someone without a reason. Maybe turnabout would be fair play there...

Comment #3

JezzVim — Thu, 14 Nov 2013 04:43:42 GMT

We should have the Pennsylvania Lottery investigated, along with Corbin's personal finances, off shore bank accounts, hidden assets? Investigate Attorney General! You HAVE the Power of the People

Comment #2

Sherita — Thu, 14 Nov 2013 04:42:20 GMT

The CEO of Georgia's Lottery Corp. should be treated the same way

Comment #1

Nikkicute — Thu, 14 Nov 2013 04:35:58 GMT

That's strange

Any New Mexico players here on LP

New Mexico Lottery suddenly terminates CEO

Lottery Post — Thu, 14 Nov 2013 04:23:04 GMT

Board provides no explanation for action

The New Mexico Lottery's board of directors has voted to terminate the contract of chief executive officer Tom Romero, effective immediately.

Romero had been the lottery's executive vice president of security since its inception in 1996 and CEO since November 2006.

The seven-member, governor-appointed Lottery Authority Board voted unanimously to terminate Romero's contract Wednesday.

No reason was immediately given for the move and board membe... [ More ]