A veteran of the hotel and casino industry, Scharer completed an 18-year career with Harveys Casino resorts, based in Lake Tahoe, prior to joining Edgewood Companies. He served as president and CEO from 1995 until his retirement in January 2001 and as CFO from 1988 to 1995.
Since leaving Harveys, Scharer has been active with several organizations. From July 2001 to January 2010, he served as a member of the board of directors of Monarch Casino and Resort, Inc., the parent company of the Atlantis Casino Resort and Spa in Reno. He also sits on the board of directors of Barton Memorial Hospital located in South Lake Tahoe, Calif. Scharer was also a member of the Nevada Commission on Tourism for three terms, appointed by former Gov. Kenny Guinn in 1999.
Scharer a certified public account, earned his bachelor’s degree in business administration from San Jose State University in San Jose, Calif.
Scharer replaces Brad Nelson, who resigned earlier this month after serving as Edgewood Companies president and CEO since January 2007.