Accel Entertainment has given its US gaming president, Mark Phelan, the additional role of interim chief financial officer.
Phelan assumes the role of CFO on an interim basis on May 9, when incumbent CFO Mathew Ellis will step down to pursue other business opportunities.
Accel Entertainment has already started the search for a permanent CFO.
“On behalf of our employees, executive management, and the board of directors, I would like to thank Mat for his commitment and contributions to Accel since he first joined us in 2015,” said Accel Entertainment CEO Andy Rubenstein.
“We wish Mat the best of luck in his future endeavours. I am pleased that Mark can step in seamlessly, on an interim basis, as our CFO. With Mark’s experience in finance and financial markets and his deep understanding of Accel’s business, combined with our finance and accounting teams’ deep bench of talent, we expect it to be business as usual.”
Commenting on his departure, Ellis said: “It has been a pleasure to serve as Accel’s CFO for the past three years.
“I am grateful for the opportunity to have led the outstanding finance, IT, and cash operations teams at Accel and am confident that they will continue to manage their respective functions with precision and commitment. I am excited about the plans Accel has for the future and wish the entire team nothing but success.”
Shares in Accel Entertainment Inc. (NYSE:ACEL) closed 2.04 per cent higher at $10.51 per share in New York Thursday.