Scientific Games has named senior financial management executive Nick Negro as its Chief Financial Officer (CFO). Negro will immediately step into the role that was recently vacated by former CFO James Bunitsky upon his retirement.
During his two decades in the world of finance, Negro has held several leadership positions, including CFO roles with Honeywell, Dover Corporation and Navistar. He has experience in the logistics, technology and manufacturing sectors.
Scientific Games CEO Pat McHugh commented on Bunitsky’s longstanding career and the company’s eagerness to welcome Negro as the new CFO.
McHugh said: "We are grateful for Jim Bunitsky's outstanding financial leadership and excited to now add Nick to our Executive Leadership Team in the role of CFO.
“He has a thorough understanding of the complexity of international operations in a service-based business and broad knowledge of corporate structure, compliance and strategy. Guided by Nick's financial expertise, we look forward to the next chapter of sound financial management of our global business."
McHugh went on to add that the company “would continue its relentless focus on innovating games, products and services while setting the global lottery industry's gold standard for achieving and sustaining business growth to maximize profitability and cash flow for Scientific Games' customers and shareholders.”
Scientific Games produces and manages lottery instant games around the globe. The company specializes in player loyalty programs, lottery and sports betting systems, digital lottery games and mobile apps.
Scientific Games currently serves lotteries in Belize, Chile, Colombia, Dominican Republic, Ecuador, El Salvador, Mexico, Panama, Peru and Uruguay.
The group is certified as a Responsible Gaming Supplier by the World Lottery Association. Through its Health Play program, the company “advocates for the healthy enjoyment of lottery games.”