International edition
September 20, 2021

Next month

IGT will present a new board of members

(US).- International Game Technology will seat a reconfigured board of directors next month, with many of the members having little experience within the gaming industry. IGT's board is also being reduced from 10 members to 8.

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hairman Phil Satre, CEO of casino giant Harrah's Entertainment (now Caesars Entertainment), who joined the board in 2009, and current IGT CEO Patti Hart, are the only two board members from the gaming industry.

 

Former Nevada Governor Bob Miller, who joined the board in 2000, remains the panel's longest-serving member. Two longtime board members, former company CEO, Chairman TJ Matthews and Robert Mathewson, son of long-time IGT Chairman Chuck Mathewson, didn't stand for re-election.

 

Paget Alves, who spent two years on the board of lottery provider Gtech, IGT's outside leadership, is predominantly made up of individuals with experience from within the technology sector.

 

IGT's board members come from telecommunications companies, computer manufacturers, software developers and broadcasting.

 

One board member, Greg Creed, who was elected to the board in September, held executive positions with restaurant operator Yum Brands. He is now president and CEO for Yum subsidiary Taco Bell.

 

Declining slot machines sales, due to a two-year-long economic slump, forced IGT to eliminate 700 jobs and cut more than US$ 200 million in corporate expenses, moves that began under Matthews' tenure.

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