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IGT implements changes to board and executive team

International Game Technology (IGT) recently announced significant changes within its Board of Directors and executive team, effective March 21, 2024.

Marco Drago, a non-executive director of the IGT Board of Directors, has announced his decision to step down from his position. He will fulfill his remaining term and officially depart from the Board following the Company’s Annual General Meeting scheduled for May 14, 2024.

In response to Marco Drago’s departure, Enrico Drago has been appointed as a non-executive director of the IGT Board. Additionally, Enrico Drago will resign from his current role as CEO of IGT PlayDigital.

Enrico Drago is Chief Executive Officer of the PlayDigital business, a role he has held since September 2021. He previously served as the Company’s Senior Vice President of PlayDigital from 2018 until assuming his current role. Since June 2021, he has served as the Vice Chairman of De Agostini S.p.A.

Gil Rotem, currently serving as IGT PlayDigital President of iGaming, will expand his responsibilities to become IGT PlayDigital President, reporting directly to Vince Sadusky, CEO of IGT. These changes are set to take effect on April 1, 2024. Enrico Drago will continue his role as vice chairman of De Agostini S.p.A.

Marco Sala, IGT Executive Chair of the Board, expressed gratitude to Marco Drago for his years of service and dedication in driving results and creating value for IGT stakeholders. Sala welcomed Enrico Drago to the Board, highlighting his value-creation mindset and global growth opportunities insight, which align with IGT’s strategic priorities.

Reflecting on his tenure, Marco Drago acknowledged the collective efforts that contributed to IGT’s growth and evolution into a unified global gaming leader. He expressed confidence in IGT’s future trajectory and its ability to sustain growth through bold initiatives.

Enrico Drago, CEO of IGT PlayDigital, expressed appreciation for the accomplishments of IGT PlayDigital over the past years, establishing leadership positions in global iGaming and North American sports betting sectors.

IGT reported revenue of $1.1 billion driven by 7 percent Global Lottery growth in the fourth quarter of last year. Operating income rose 11 percent to $256 million, with operating income margin expanding to 22.7 percent.

Nelson Moura
Nelson Mourahttp://agbrief.com
Editor and reporter with 10 years of experience in Greater China, namely Taiwan and Macau, in printed and online media, with a focus on finance, gaming, politics, crime, business and social issues.

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