IGT Ushers in New Era of Leadership with Incoming CEO Hector Fernandez
IGT announced that Hector Fernandez has officially joined the Company, as previously communicated.
Fernandez brings a strong track record of success in gaming and technology to his role at IGT, having most recently served as CEO of one of IGT’s global competitors. Over the course of his career, Fernandez has been recognized for his leadership role in strategic initiatives that propelled market share, revenue growth and increased profitability. He is based in Las Vegas, home of IGT’s global headquarters.
“I’m honored and excited to lead IGT into its next chapter. This is a company with strong talent, deep industry relationships, and significant potential. As we bring together the legacy IGT and Everi teams, in partnership with Apollo, we have an opportunity to evolve how we operate, innovate, and deliver for our customers. I’m looking forward to working with our teams around the world to define what’s next for IGT,” said Hector Fernandez.
“Led by Hector and a talented team of leaders from across the legacy IGT Gaming & Digital and Everi businesses, as well as key new hires from inside and outside the industry, we believe the combined enterprise will accelerate growth, enhance product and content innovation, and become an even stronger partner to its customers. Hector shares our commitment to fostering a high-performing, people-first culture, and we are confident he will lead this team to new heights,” said Daniel Cohen, Partner at Apollo and Chair of IGT’s Board of Directors.
IGT also announced that Nick Khin, who had previously served as interim enterprise CEO and CEO of the Gaming business unit, will be stepping down from his position with the company and transitioning into a role as a strategic advisor to the senior leadership team and board of directors.
“Nick has contributed greatly to IGT’s progress over the past twelve years. His leadership through this transition period has been invaluable to the organization, and I want to thank him for his dedication and impact. We appreciate his continued guidance as we move into this next chapter,” said Fernandez.
Fernandez will assume the role of CEO of the combined enterprise and oversee the Gaming business unit following receipt of regulatory approvals. IGT’s Digital business unit will continue to be led by Gil Rotem and IGT’s FinTech business unit will continue to be led by Darren Simmons.
