IGT announces executive, leadership board changes
These will take effect on January 24.
IGT has announced changes to its executive and leadership boards. Lorenzo Pellicioli will retire as chairperson of the IGT Board of Directors and will remain a non-executive director. Marco Sala, currently CEO of IGT, will become Executive Chair of the board. Vincent Sadusky will become CEO and Executive Director of the board.
“The changes to the IGT executive team and board are an important step in positioning the Company for the next phase of its evolution. The actions further strengthen IGT’s capabilities to execute on its long-term strategy and the value creation initiatives identified in the company’s recent investor day,” said Lorenzo Pellicioli, Chairperson of IGT.
“It is a natural evolution for Marco to lead the IGT board,” said Pellicioli. “More importantly, during his 19-years at IGT and its predecessor companies, he has a proven track record of success and has earned the trust and respect of IGT’s customers, investors, business partners and regulators.”
Pellicioli said Sala will focus on managing the board, corporate governance, including sustainability initiatives and guiding IGT’s strategic direction as Executive Chair.
“I am looking forward to taking on the new role of Executive Chair at IGT and to partner with Vince, with whom I have worked extensively over the years, in leading IGT forward,” said IGT CEO Marco Sala. “I believe our skills and experiences are complementary and will serve our stakeholders well.”
B&D Holding S.p.A., the controlling shareholder of De Agostini S.p.A., also announced that Marco Sala will be proposed at the June 2022 meeting of the corporate bodies of De Agostini as the next CEO of De Agostini. He would succeed Lorenzo Pellicioli, who is retiring from the position.
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