Accel promotes Stan Guidroz to COO as incumbent Mark Phelan moves to the chief executive’s office

Gaming operator Accel Entertainment has appointed Stan Guidroz as chief operating officer with immediate effect.

Guidroz takes over as chief operating officer of Accel after serving as chief executive officer of the company’s Toucan Gaming subsidiary since 2021.

He assumes his new role from Accel president and COO Mark Phelan, who will succeed Andy Rubenstein as the company’s next chief executive in August. Rubenstein will then assume the role of chairman.

“Stan is a proven leader who has made significant contributions to Accel’s growth, and this promotion reflects his track record and the depth of talent across our organization,” said Rubenstein. “Stan has built Toucan into a premier operator and a model for the disciplined, accretive growth we are pursuing across our markets. He will continue to draw on his deep Louisiana and industry-wide relationships as he takes on broader operational leadership across the company.”

Guidroz commented: “I’m honored to take on this role and to build on the strong operating foundation this team has established. I look forward to working with Andy, Mark, and the entire team to drive operational excellence across Accel’s markets.”

Accel also announced that its chief compliance officer, Derek Harmer, will leave his role at the end of March 2027 but will continue to assist the company as a member of the Board’s Compliance Committee.

Commenting on the executive changes, Phelan said: “As I transition to Chief Executive Officer, I look forward to working closely with Stan. His operating discipline and extensive industry experience will allow us to continue to successfully execute our strategic roadmap for growth and deliver long-term shareholder value.”

Shares in Accel Entertainment Inc. (NYSE:ACEL) closed 1.73 per cent lower at $12.50 per share in New York Tuesday.