Financial consultant Adam Chibib

Multimedia Games taps new chief financial officer

(US).- Multimedia Games Inc., which makes electronic lottery and bingo machines, said this week it named Adam Chibib as chief financial officer effective February 10.
2009-02-05
Reading time 16 seg

Chibib replaces Randy Cieslewicz, who said in December he was resigning for personal reasons and "to pursue other opportunities."

Multimedia Games said Chibib previously ran a financial consulting firm, assisting fledgling technology companies with debt, equity fundraising and other aspects of their businesses.

Chibib will receive an option to purchase 250,000 shares of the company’s common stock, which will amount to a "significant" portion of his compensation, Multimedia Games said.

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