IGT Leadership ‘Shake-Up’ Appoints Marco Sala as Chair and TV Veteran Vincent Sandusky As New CEO
International Game Technology (IGT) has announced several changes to its executive team and board. Among these is the appointment of former Univision Communication chief executive Vincent Sandusky as CEO of the company. This has come as a result of IGT’s executive chairman Lorenzo Pellicioli recently retiring. Marco Sala, the current CEO, has now moved into the role of executive chair.
Pellicioli was the IGT board’s first chairperson, formed in November 2018. During his position, he conducted an overhaul of IGT’s business that saw the supplier split into two distinct segments: Global Lottery and Global Gaming. Furthermore, he also oversaw the sale of the Lottomatica B2C business last year.
“The changes to the IGT executive team and board are an important step in positioning the company for the next phase of its evolution,” Pellicioli said. He added, “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.”
“It is a natural evolution for Marco to lead the IGT board. 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.
“As executive chair, Marco will focus on managing the board, corporate governance, including sustainability initiatives, and guiding the strategic direction of IGT”, he adds.
Sala’s nomination as chairman will be proposed at the June 2022 meeting of the IGT board.
Sala will be replaced by Vincent Sandusky, the previous chief executive of Media General and LN Media.
“We are delighted to announce that Vince Sadusky, a seasoned executive, a long-time member of the current IGT board as well as that of its predecessor companies and the former chair of our audit committee, will succeed Marco as CEO,” Pellicioli said.
“Vince brings a unique set of skills to the role, where he combines his knowledge of IGT with his demonstrated ability to create shareholder value with decades in leadership roles in public and private companies in dynamic industries, including digital and media. His transition into the CEO role will be relatively seamless.”
Sala said he was looking forward to working with Sandusky in response to being asked about the new relationships.
“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,” he said. “I believe our skills and experiences are complementary and will serve our stakeholders well.
“In particular, Vince’s vast experience with portfolio companies and capital markets will be valuable as we look to execute on our strategy.”
Other notable additions to IGT’s board are Maria Pinelli and Ashley Hunter, who will join as non-executive directors.
“We are delighted to have Maria and Ashley join our board. They both bring deep and diverse professional experiences to IGT to enhance our board composition. We are looking forward to their contributions,” Pellicioli said.
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