Trump Entertainment CEO Perry to Retire in July

Casino operator Trump Entertainment Resorts said Monday its President and Chief Executive James B. Perry will retire on July 1.

Chief Operating Officer Mark Juliano will become interim chief executive at that time, the company said.

Perry also will relinquish his seat on the board of directors, according to Trump Entertainment.

Trump shares fell 96 cents, or 6 percent, to $14.95 in morning trading. The stock has ranged from $12.98 to $23.80 over the past year.