David-Jacques Farahi, at a young age, climbed the ranks in the hospitality industry, becoming the CEO of Monarch Casino & Resort, Inc. He studied hard, earning an MBA from Columbia Business School and a BA from Northwestern University. This strong...
David-Jacques Farahi, at a young age, climbed the ranks in the hospitality industry, becoming the CEO of Monarch Casino & Resort, Inc. He studied hard, earning an MBA from Columbia Business School and a BA from Northwestern University. This strong educational background set the stage for his career. He began working in gaming and hospitality in 1998 and eventually held various management roles, including Chief Operating Officer of Monarch. David is also tied to the company’s leadership through family, being the son of John Farahi, the Co-Chairman. Under his leadership, Monarch Casino has seen substantial growth, especially noticeable when he received a total compensation package of $4.42 million in 2021 after a successful year. His deep involvement in the company reflects a strong commitment to the hospitality sector. David’s unique perspective has been shaped by his extensive experience, which includes time spent in finance at major institutions like HSBC and Goldman Sachs, giving him a solid grasp of both sides of the business: gaming and finance. His ability to navigate through tough times, like the pandemic in 2020, and rebound demonstrates resilience in a challenging industry.