A new, streamlined structure at IGT will position the company “to meet ever-evolving needs in a dynamic, global market place,” said CEO Marco Sala as he revealed far-reaching changes to one of the industry’s top casino equipment suppliers.
In a boardroom shake-up, Renato Ascoli (pictured) will become CEO global gaming, while Fabio Cairoli takes the position of CEO global lottery. It took effect yesterday and the company will begin to report its financials under these two segments in the third quarter of the year.
The two independent sectors will control their own operations, including product management, sales, technology and R&D. They will be supported by a centralised corporate structure but with an additional new business and strategic initiatives function.
Walter Bugno will lead the new business and strategic initiatives function with the task of leading business development in jurisdictions where IGT is currently not present. It will also manage new in-country initiatives in its start-up phase and offer on-demand commercial support globally for key accounts.
Renato Ascoli was formerly CEO North America for IGT and Cairoli was CEO Italy of IGT plc. Bugno was CEO international of IGT plc.