Industry News
IGT Appoints Massimiliano Chiara as CFO and Announces Changes to the Board
International Game Technology PLC (IGT) has appointed Massimiliano (Max) Chiara as its Executive Vice President and Chief Financial Officer effective April 6, 2020. Chiara has also been appointed to IGT’s board of directors.
“We are excited to have Max join the IGT team, both as a member of my senior leadership team and as a board member. His broad and deep background in all facets of global finance and operations, in addition to his high standards of excellence, will be tremendous assets to our organization,” Marco Sala, CEO of IGT, said.
“It is a great honor to be joining an iconic gaming industry leader. I look forward to working with IGT’s strong leadership team and assisting the Company in achieving its strategic and financial goals,” Max Chiara said.
Chiara most recently served as the Chief Financial Officer and Chief Sustainability Officer of CNH Industrial N.V. He previously held various financial and operational roles at Fiat Chrysler. Before that, he was a consultant at PricewaterhouseCoopers Advisory.
The director board of IGT has also appointed Beatrice H. Bassey as an independent director effective March 20, 2020. Bassey is currently Group General Counsel, Chief Compliance Officer and Corporate Secretary of Atlas Mara Ltd and serves on the boards of Union Bank of Nigeria PLC, African Banking Corporation of Botswana Ltd and Banque Populaire du Rwanda.
“Beatrice’s extensive experience in the highly dynamic and regulated banking sector, in addition to her extensive international exposure, are valuable perspectives to add to IGT’s board,” Lorenzo Pellicioli, Chairman of IGT, said.
Paget Alves has notified the Company that he will retire from IGT’s board and will not stand for election at IGT’s upcoming annual general meeting. Alves has been a director of IGT and its predecessor companies for over a decade and has most recently served on both the Audit Committee and Compensation Committee.
“Paget has been instrumental in supporting IGT and the board during many chapters of the Company’s history. We would like to thank Paget for his many years of service to IGT,” Lorenzo Pellicioli said.