New York-listed gaming and lottery provider Scientific Games Corporation has brought in James Sottile as executive vice president and chief legal officer.
Sottile replaces David Smail, who has held the role for the past three years and will be staying with the company in an advisory capacity through the end of the year.
In his new role, Sottile will oversee Scientific Games' global legal organization and report to president and CEO Barry Cottle.
"Jim brings more than 30 years of experience working across multiple industries,” Cottle commented. “He is an accomplished legal strategist and litigator, as well as an experienced leader. I look forward to working with him, as he guides our world-class legal organization to support our strategic objectives and positively impact our business results. He is a terrific addition to our executive team.”
Sottile joins Scientific Games from law firm Jones Day, where he was a partner at its New York office. He has extensive experience successfully litigating complex commercial matters, negotiating positive solutions with regulators, and developing legal strategies to solve critical business issues.
"I am excited by the opportunity to lead Scientific Games' global legal organization and work with Barry and his leadership team to ensure the company continues its global leadership in Gaming and Lottery and is successful in its efforts to drive innovation and benefit all key stakeholders,” he said. “My passion is leading winning teams, and I am thrilled to lead and advance the success of Scientific Games' great legal team.”
Shares in Scientific Games Corporation (NSQ:SGMS) closed down 9.24 per cent at $27.50 per share in New York Tuesday, just off their 52-week low of $27.45 per share set on September 4th.