IGT Board & Executive Leadership Changes

IGT Board & Executive Leadership Changes

International Game Technology PLC (IGT), a global gaming leader, has made significant announcements regarding changes in its Board of Directors and executive team. These changes, effective March 21, 2024, signify a strategic shift in leadership to drive the company’s growth and transformation initiatives.

Marco Drago Steps Down as Non-Executive Director

After years of dedicated service, Marco Drago has decided to step down from his role as a non-executive director of the IGT Board of Directors. However, he will fulfill his remaining term and officially depart from the Board at the conclusion of the Company’s Annual General Meeting (AGM) scheduled for May 14, 2024. Marco Drago’s tenure has been marked by his unwavering commitment to driving results and creating value for all IGT stakeholders.

Enrico Drago Appointed as Non-Executive Director

In light of Marco Drago’s departure, the IGT Board of Directors has appointed Enrico Drago as a non-executive director. Enrico Drago brings a wealth of experience and expertise to the Board, aligning with the company’s vision for its next era of growth and transformation. Notably, Enrico Drago will relinquish his current role as CEO of IGT PlayDigital to focus on his duties as a non-executive director. His resignation will pave the way for Gil Rotem, the current President of iGaming at IGT PlayDigital, to expand his responsibilities and assume the role of IGT PlayDigital President. These organizational changes will come into effect on April 1, 2024.

Leadership Perspectives on the Changes

Marco Sala, Executive Chair of the Board at IGT, expressed gratitude towards Marco Drago for his invaluable contributions to the company’s growth over the years. He also welcomed Enrico Drago to the Board, highlighting his value-creation mindset and global growth insights that will align with IGT’s strategic priorities.

Reflecting on his tenure, Marco Drago expressed satisfaction in witnessing IGT’s evolution into a unified global gaming leader. He credited the collective efforts of the Board members and business unit leaders for driving IGT’s growth trajectory and expressed confidence in the company’s continued success.

Enrico Drago, in acknowledging the achievements of IGT PlayDigital under his leadership, emphasized the company’s established leadership positions in the global iGaming and North American sports betting sectors. He expressed gratitude to the entire IGT PlayDigital team for their contributions and pledged to continue supporting IGT in shaping its vision and strategy in his new capacity.

Future Outlook and Growth Initiatives

With these leadership transitions, IGT is poised to embark on a new phase of growth and innovation. Leveraging its strong foundation and market leadership in gaming technology, the company aims to capitalize on emerging opportunities in the gaming industry and deliver enhanced value to its stakeholders.

Conclusion

The changes in the IGT Board of Directors and executive team underscore the company’s commitment to driving growth, innovation, and value creation in the global gaming landscape. With a renewed leadership structure and strategic focus, IGT is well-positioned to navigate evolving market dynamics and capitalize on emerging opportunities.

FAQ

What prompted Marco Drago to step down from his role as a non-executive director at IGT?
Marco Drago decided to step down from his position to pursue other endeavors after fulfilling his term with the company.

Who has been appointed as the new non-executive director at IGT?
Enrico Drago has been appointed as the new non-executive director of the IGT Board of Directors.

What changes will take effect in the executive leadership team at IGT PlayDigital?
Gil Rotem, the current President of iGaming at IGT PlayDigital, will expand his role to become the President of IGT PlayDigital following Enrico Drago’s resignation as CEO.

When will these leadership changes be effective?
The leadership changes at IGT will come into effect on April 1, 2024.

What is Enrico Drago’s background and expertise?
Enrico Drago brings extensive experience in leadership roles and a deep understanding of global growth opportunities, which align with IGT’s strategic priorities.

How does Marco Sala view Marco Drago’s contributions to IGT?
Marco Sala expressed gratitude for Marco Drago’s many years of service and his role in driving results and creating value for IGT stakeholders.

What vision does Marco Sala have for IGT’s future growth and transformation?
Marco Sala aims to steer IGT towards continued growth and innovation, capitalizing on emerging opportunities in the gaming industry.

What achievements has IGT PlayDigital made under Enrico Drago’s leadership?
Under Enrico Drago’s leadership, IGT PlayDigital has established leadership positions in the global iGaming and North American sports betting sectors.

How does Marco Drago perceive IGT’s evolution during his tenure?
Marco Drago expressed satisfaction in witnessing IGT’s transformation into a unified global gaming leader and credited the collective efforts of the Board and business unit leaders for driving growth.

What is the strategic outlook for IGT following these leadership changes?
With a renewed leadership structure and strategic focus, IGT is poised to navigate market dynamics and capitalize on emerging opportunities in the gaming industry.

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