Tom Little has stepped down as president and CEO of Intralot USA after nearly fifteen years in the role, to be replaced on an interim basis by Nikos Nikolakopoulos.

Little has resigned from his executive position and plans to retire, though will serve as non-executive chairman of the board in the meantime. Intralot did not state when exactly he would retire.

“I would like to thank Mr. Little for his contribution to the launch and growth of Intralot’s US activities,” said Intralot Group CEO Antonios Kerastaris, who also reconfirmed the company’s commitment to the US market as an area of “key strategic focus and main source of future growth for our group.”

Little had served as president and CEO of Intralot USA, a subsidiary of Greek gaming and lottery supplier Intralot, since its inception in 2002.

Prior to that, he worked for 25 years for rival Scientific Games, where he was senior vice president of systems.

He will be replaced by Nikos Nikolakopoulos, Intralot Group’s chief operating officer, who will take over as interim CEO with immediate effect.

“We are excited to dedicate more resources and launch new products and services, as part of our evolving portfolio to meet new consumer demands, mainly in the retail area, and help our valued US clients fulfill their own growth targets,” added Kerastaris.

Shares in Intralot SA (Co. Data) (ATH:INLOT) were trading down 1.60 per cent at €1.23 per share in Athens earlier Wednesday.

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