IGT unveils new leadership structure

International Game Technology (IGT) has unveiled a new executive and board leadership structure that will see Gil Rotem take on the expanded role of president of IGT PlayDigital.

The restructuring sees Marco Drago step down as a non-executive director of the IGT Board following the end of his term in May, with current IGT PlayDigital chief executive Enrico Drago joining the board as a non-executive director.

This will see Enrico Drago step down from his current leadership position in IGT’s digital division, while Gil Rotem, currently IGT PlayDigital president of iGaming, will expand his role to become IGT PlayDigital President.

Rotem will report directly to IGT chief executive Vince Sadusky, with the changes taking effect on April 1.

“As Marco Drago prepares to step down from his position on the IGT Board of Directors, I'd like to thank him for his many years of service and his unwavering commitment to driving results and creating value for all IGT stakeholders,” said Marco Sala, IGT executive chair of the Board. 

“Enrico Drago joining the Board and leaving his executive leadership position at IGT is a natural evolution that supports the Company's vision for its next era of growth and transformation. Enrico's value-creation mindset and understanding of global growth opportunities will enhance the Board and align with IGT's strategic priorities.”

Commenting on the restructuring, Marco Drago said: “Watching and guiding IGT through its evolution from a collection of companies that started with Lottomatica and GTECH grow into a unified global gaming leader has been very gratifying. We have been fortunate to have a great group of board members and business unit leaders that have helped drive IGT's growth during this time. 

“I thank them for their contributions and am certain that IGT is positioned for continued growth as we go forward with the bold initiatives we have undertaken.”

Enrico Drago added: “Over the last five-plus years, IGT PlayDigital has established leadership positions in the global iGaming and North American sports betting sectors that will be foundational to the Company's future successes. 

“I thank the entire IGT PlayDigital team for all that we have accomplished in this time, and I look forward to supporting IGT in a new capacity and further helping the Company define its vision and strategy.”

The new leadership structure comes as IGT prepares to spin off its Global Gaming and PlayDigital businesses to merge with Everi Holdings, under a deal agreed in February.

Shares in International Game Technology Plc. (NYSE:IGT) gained 0.77 per cent to close at $22.19 per share in New York Thursday, and were up a further 1.77 per cent in after hours.