IGT shares statement on the passing of Fabio Cairoli, CEO of Global Lottery division

International Game Technology (IGT) released a statement on Monday after the passing of Fabio Cairoli, IGT CEO of Global Lottery.

Marco Sala, IGT Executive Chair, said: "IGT announced today with great sadness that Fabio Cairoli, IGT CEO of Global Lottery, has suddenly passed away. Fabio was an outstanding executive. He was distinguished by his passion, drive, sincerity, and commitment to results and innovation.”

Sala further said: “His leadership of the Global Lottery Sales and Operations, Italy Lottery Operations, Global Lottery Product and Sales Development, and Global Lottery Technology and Support functions was unparalleled."

Sala noted that while the operations remain in very capable and experienced hands, the company recognizes that many in the lottery industry "held personal relationships with Fabio and that he was a greatly respected friend within and beyond the industry."

"At this time, IGT extends its deepest condolences to Fabio Cairoli's family, as we dedicate our efforts to supporting their needs during this difficult time," IGT's Executive Chair concluded.

Before taking on the role of CEO of Global Lottery, Fabio served as Chief Executive Officer, Italy, where he was responsible for managing all business lines, marketing services, and sales for the company's Italian operations. He joined the Company's predecessor, Lottomatica Group S.p.A., in 2012 as Senior Vice President of Business.