New York-listed Accel Entertainment has appointed Brett Summerer as its new chief financial officer (CFO).
Summerer takes over the position from Mark Phelan, who has served in the role on an interim basis since May 2025, in addition to his role as US gaming president.
The search for a new CFO was prompted by the departure of Matthew Ellis, who left to pursue other business opportunities.
As the company’s finance chief, Summerer will oversee all financial aspects of the business, including internal and external financial reporting, internal audit, compliance and controls, investor relations, and the company’s treasury and capital markets functions.
Summerer joins Accel after three-years as CFO of the alternative medicine company Verano. He has also held leadership positions at companies such as Kraft Heinz, Corning, and General Motors.
“Brett is an accomplished finance leader who brings extensive operational and financial discipline as well as experience in regulated industries to the CFO role at Accel,” said chief executive Andrew Rubenstein. “With a proven record of driving sustainable growth across diverse industries and business models, Brett will be an integral member of the team as we continue scaling our operations and expanding into new markets, while we also work to strengthen our financial platform and deliver long-term value for our stakeholders.
“We are grateful to Mark for stepping into the acting CFO role and ensuring continuity during this transition. Mark has added a lot of value and made significant contributions to our finance function during this short transition period, his steady leadership and deep knowledge of our business have been invaluable, and we look forward to his continued contributions leading our US gaming operations.”
Speaking on his new role, Summerer commented: “I am excited to join what I see as a compelling opportunity. Accel has built a unique and resilient business model at the forefront of local gaming as a trusted partner of small businesses and local communities, and has emerged as one of the largest distributed gaming operators in the country.
“With Accel’s focus on consistent operational execution and on near- and long-term growth opportunities, I am excited to join Andy, Mark, and the leadership team, as well as the entire Accel organisation, as we work together to advance the company’s strategy, enhance operational excellence, and support value creation for shareholders.”
Shares in Accel Entertainment Inc. (NYSE:ACEL) closed 0.90 per cent higher at $11.23 per share in New York Tuesday.