New York-listed supplier International Game Technology (IGT) has confirmed that its long-serving executive Donald Sweitzer will be retiring at the end of the year after more than 20 years with the company.
Sweitzer is chairman of IGT Global Solutions Corporation, serving as an ambassador for the company with global customers and advising IGT on government affairs and business development matters.
He will retire on December 31st, having joined IGT (then GTECH) in 1998. Prior to becoming chairman of IGT Global Solutions, he was senior vice president of global business development and public affairs for GTECH.
"Don's expertise building and nurturing relationships with state and commercial partners around the world, along with his insights into complex geopolitical situations, have been important to IGT's continued expansion and leading market position," said IGT chief executive Marco Sala. "I will always be grateful for his integrity, insight, and leadership. His achievements with IGT will continue to resonate far into the future."
Sweitzer commented: "I am grateful to Marco Sala and the entire IGT family, our customers, and business partners for the extraordinary opportunities and meaningful relationships we have built together throughout the last 20 years.
"I can honestly say I have enjoyed coming to work every single day during my time here, and I love the people in this company. It's now a good time in the business to retire on a positive note, with a spectacular future ahead for IGT."
Before joining IGT in 1998, Sweitzer served in prominent senior roles in federal and state politics. He was political director of the Democratic National Committee during the first term of former US President Bill Clinton, and was also a trusted advisor to elected representatives including Senators Edward Kennedy [D-Massachusetts] and Howard Metzenbaum [D-Ohio].
Shares in International Game Technology plc (NSQ:IGT) closed in New York Wednesday down 4.25 per cent at $16.66 per share.