Terry Glebocki Resigns as CEO of Ocean Casino Resort

Terry Glebocki has resigned as CEO of Atlantic City’s Ocean Casino Resort.

The casino did not give a reason for Terry Glebocki’s departure, which was announced to staff Monday morning, and it declined further comment.

Glebocki’s exit reduces the number of female casino bosses after an unprecedented wave of female leadership. Just over a year ago, four of the city’s nine casinos were led by women, but two have since left.

Glebocki was hired as CEO in December 2019 after serving in the job in an interim capacity for three months. She previously served as the casino’s chief financial officer, and had more than 30 years of financial management experience when she assumed the top job at Ocean.

Glebocki helped Ocean, the casino formerly known as Revel, return to profitability after it lost money for years.

“Glebocki has three decades of financial management experience, which navigated Ocean’s course to financial stability. Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City,” the casino said in a statement.