IGT Appoints Adam Chibib as Chief Financial Officer to Advance Its Financial and Operational Transformation
Seasoned public company and gaming executive brings a proven record of operating discipline, strategic transactions and value creation
Chibib brings more than three decades of financial and operational leadership across public companies, private equity backed businesses and high growth technology organizations, contributing to six successful exits. Most recently, he served as Chief Financial Officer of Raptor Technologies, which was acquired by
His gaming experience includes serving as President and Chief Financial Officer of Multimedia Games, where he helped double revenue, triple profitability and increase the company's market capitalization from approximately
"Adam brings the public company, private equity and gaming experience we need for this stage of IGT's transformation," said
"IGT has a strong portfolio, leading market positions and a clear opportunity to create value," said
IGT is executing a transformation focused on operating discipline, portfolio performance and cash flow creation across its Gaming, Digital and FinTech businesses. As Chief Financial Officer, Chibib will lead the company's global Finance organization and help align financial strategy, capital priorities and business execution to support IGT's long-term objectives.
Celadon's career with IGT and its predecessor companies spans more than two decades. Since becoming Chief Financial Officer of Lottomatica S.p.A. in 2002, he has served in senior leadership roles across finance, strategy, corporate development and international operations in
About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC's Gaming & Digital Business and Everi Holdings Inc. IGT and Everi's offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, the organization drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.
Media contact
Phil O'Shaughnessy, Global Communications
U.S. and Canada: +1 (844) IGT-7452
Outside U.S. and Canada: +1 (775) 448-0257
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SOURCE IGT
