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IGT has made a number of other personnel changes in recent months. We are looking forward to their contributions,” Pellicioli said.
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They both bring deep and diverse professional experiences to IGT to enhance our board composition. “We are delighted to have Maria and Ashley join our board. Pinelli will also replace Sadusky as chair of IGT’s audit committee, while Hunter was also appointed to the board’s nominating and corporate governance committee. Maria Pinelli and Ashley Hunter will also join IGT’s board as non-executive directors. “In particular, Vince’s vast experience with portfolio companies and capital markets will be valuable as we look to execute on our strategy.” “I believe our skills and experiences are complementary and will serve our stakeholders well.
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“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. Sala said he was looking forward to working with Sadusky. “His transition into the CEO role will be relatively seamless.” “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. “We are delighted to announce that Vince Sadusky, a seasoned executive, 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. Sadusky also served as chief executive of local television businesses Media General and LIN Media. Replacing Sala as chief executive will be long-time television executive Vincent Sadusky, who most recently held the same role as Univision Communications. Sala’s nomination as chairman will be proposed at the June 2022 meeting of the IGT board. “As executive chair, Marco will focus on managing the board, corporate governance, including sustainability initiatives, and guiding the strategic direction of IGT.” 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. “It is a natural evolution for Marco to lead the IGT board. “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.
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“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.
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He was named IGT CEO in April 2015 when Gtech, where he previously served as chief executive, merged with the legacy International Game Technology. With Pellicoli’s exit, Sala becomes executive chair. During his tenure, he oversaw an overhaul of IGT’s business that saw the supplier split into two segments: Global Lottery and Global Gaming, as well as the decision to sell the Lottomatica B2C business last year.