Mr Satre was formerly the chairman of the board of Harrah’s Entertainment before retiring in 2005. He also served as Harrah’s CEO for 10 years and, during his 25-year career with that organization, held numerous top management positions.
Michael Yackira, president and CEO of Sierra Pacific Resources, said: Walt Higgins has been a major force in the recovery and growth of Sierra Pacific Resources. We are very appreciative for his tremendous contributions to the success of our company.