he company also announced the appointment of his successor, Gregory Gronau, by the board of directors. The firm hired Gronau in October 2008 as Executive Vice President and Chief Operating Officer as part of the succession plan necessitated by the planned retirement of Charlier.
Charlier, who has been with the Company since 1985, initially serving on the board of directors of GPI's founding company, Bourgogne et Grasset (B&G), has been President and Chief Executive Officer of the Company since 1994, presiding over the acquisition of Bud Jones Company by B&G in 2000, and then the merger with Paulson Gaming in 2002 to create Gaming Partners International Corporation.
Under Charlier's direction, GPI has become a leading supplier of casino currency and table game equipment around the world. Charlier was instrumental in pioneering the utilization of RFID technology in casino currency to offer increased security, inventory, and tracking applications on gaming tables.
"GPI has been my life's work for so long and while I will miss the day-to-day activity, I am very confident in handing the reins over to Greg," said Charlier. "Having worked closely together over the last several months, I know that the experience and commitment that Greg brings to GPI will continue to advance the company as a global leader in table games equipment and technology."
Gronau, who will assume his new role on September 12, 2009, has enjoyed a successful career in the gaming industry. Before joining GPI, Gronau served as President and CEO of Cadillac Jack, a supplier of games and systems to the casino industry. Prior to that Gronau served as Vice President of Operations for Shuffle Master, Inc. and Vice President of Distribution Services for WMS Industries.
"I am very pleased in the vote of confidence that the Board of Directors has given me with this appointment," stated Gronau. "Gerard's vision and leadership brought together three industry-leading companies to form what is now Gaming Partners International, the premier global supplier of casino currency and table games equipment. I look forward to working with this great team as we continue to build upon that success."