PlayAGS has appointed a new Chairman of the Board to succeed David Sambur, who recently stepped down after five years as Chairman. Adam Chibib will step up to fill the role as the board’s Chairman, effective immediately.
Chibib has served as board member and as the company’s Lead Independent Director.
Chibib spoke about stepping into his new role: "I am extremely honored to serve as AGS' Chairman of the Board. Over the past five years, I have gained a great deal of respect for my fellow Board members and the Company's executive leadership team.
“I look forward to leveraging my previous experience in gaming and other industries to help guide AGS to the next level."
Chibib is a gaming industry veteran with more than 30 years of experience. He has been on the company’s board since 2018.
AGS President, CEO and board member David Lopez took a moment to welcome Chibib as Chairman.
"We are excited to welcome Adam as our new Board Chairman. He is an incredibly well-respected leader within the gaming industry, and his depth of experience has been invaluable to AGS throughout his years of service.
“Adam's guidance and leadership from day one of the Company's initial public offering has played a critical role in shaping who we are as a Company today. I look forward to continue working with him in his new role."
He went on to comment about Sambur’s departure and commended him for his dedication to the board.
Lopez concluded by saying: "On behalf of my fellow board members, I would like to thank David Sambur for his guidance and insights as Chairman of the Board and for his nine years of leadership at AGS.”