Frank Stronach has recruited another high-profile politician to add lustre to his embattled Magna Entertainment Corp., hiring former U.S. ambassador Paul Cellucci as a senior executive at the gambling and race track company.
Sources said that Mr. Cellucci, who officially left the ambassadorial post in Ottawa yesterday, is to be named vice-president of development. It is understood that Mr. Cellucci will be based near his home in Boston, but he will travel frequently to Magna Entertainment's head office in Aurora, Ont.
Mr. Cellucci and a spokesman for Magna Entertainment did not return phone calls yesterday to confirm the appointment. During an interview with The Globe and Mail this week Mr. Cellucci indicated he had a new job, but declined to discuss details.
"My new duties will bring me to Canada on a regular basis," he said.
Isn't that just duckie?
But his tenure as ambassador is over, so I'm removing the tribute to him from the sidebar. We'll see who takes his place.