IGT has ushered in a new era of leadership as Hector Fernandez officially joined the company as chief executive officer this week.
Fernandez has finally taken charge of the supplier, which has now been combined with Everi, after resigning from rival Aristocrat Gaming a year ago and being named as IGT’s incoming CEO.
“I’m honored and excited to lead IGT into its next chapter,” said Fernandez. “This is a company with strong talent, deep industry relationships, and significant potential. As we bring together the legacy IGT and Everi teams, in partnership with Apollo, we have an opportunity to evolve how we operate, innovate, and deliver for our customers. I’m looking forward to working with our teams around the world to define what’s next for IGT.”
Daniel Cohen, IGT chair and partner at Apollo, commented: “Led by Hector and a talented team of leaders from across the legacy IGT Gaming & Digital and Everi businesses, as well as key new hires from inside and outside the industry, we believe the combined enterprise will accelerate growth, enhance product and content innovation, and become an even stronger partner to its customers.
“Hector shares our commitment to fostering a high-performing, people-first culture, and we are confident he will lead this team to new heights.”
IGT also confirmed that Nick Khin, who previously served as interim enterprise CEO and CEO of the Gaming business unit, will be stepping down from his position and transitioning into a role as a strategic advisor to the senior leadership team and board of directors.
“Nick has contributed greatly to IGT’s progress over the past twelve years,” continued Fernandez. “His leadership through this transition period has been invaluable to the organization, and I want to thank him for his dedication and impact. We appreciate his continued guidance as we move into this next chapter.”
Assuming the role of CEO of the combined enterprise, Fernandez will also oversee the Gaming business unit following receipt of regulatory approvals.
IGT’s Digital business unit will continue to be led by Gil Rotem, while the FinTech business unit will continue to be led by Darren Simmons.