Tom Delacenserie said this week in a statement that his retirement from the position will be effective March 6.
Delacenserie took the role in 2017 and during that time, span sales increased from about $1 billion to more than $1.1 billion.
Current Kentucky Lottery Chief Operating Officer, Marty Gibbs will assume the position on an interim basis until Gov. Andy Beshear appoints a permanent replacement.
Mark Sommer, chair of the Lottery Board of Directors, listed revamping the Kentucky Lottery logo and improving prizes for scratch lottery games among Delancenserie’s accomplishments as CEO and President.
"We’ve accomplished a tremendous amount in the last two and a half years," Delacenserie said during a lottery board meeting last week. "We strengthened our brand by creating a new lottery logo, improved product offerings by increasing payouts on our Scratch games, developed exciting new draw games, and enhanced our advertising support. And we upgraded product delivery systems, including vending machines with state-of-the-art touch screen technology."
The lottery broke sales records each year under his leadership.
Funding for college scholarship and grant programs also increased from $247.7 million in 2017 to $272.7 million last year.