LONDON, May 13, 2020 /PRNewswire/ -- International
Game Technology PLC (NYSE:IGT) ("IGT" or the "Company") today
announced the appointment of Alberto
Dessy to its Audit Committee, Samantha Ravich to its Compensation Committee
and Beatrice Bassey to its
Nominating and Corporate Governance Committee by the Company's
Board of Directors. All of these changes will be effective from the
Company's 2020 Annual General Meeting. Mr. Dessy and Ms. Ravich
joined the Board of Directors in April
2015 and July 2019,
respectively, and will replace Paget Alves on the Audit Committee
and the Compensation Committee, respectively. Ms. Bassey joined the
Board of Directors in March 2020 and
will succeed Mr. Dessy on the Nomination and Corporate Governance
Committee, from which he will step down effective from the
Company's 2020 Annual General Meeting.
Mr. Dessy is a Professor at Bocconi
University and a chartered accountant specializing in
corporate finance, particularly the evaluation of companies,
trademarks, equity and investments, financial structure, channels
and loan instruments, funding for development and in acquisitions
and disposals of companies. He has been an expert witness for
parties to lawsuits and an independent expert appointed by the
court in various legal disputes. In addition to serving on IGT's
Board of Directors, he is currently on the board of directors of
Chiorino S.p.A. and has been on the boards of many companies, both
listed and unlisted, including Redaelli Tecna S.p.A., Laika
Caravans S.p.A., Premuda S.p.A., I.M.A., Milano Centro S.p.A., and
DeA Capital S.p.A., in addition to IGT's predecessor company, GTECH
S.p.A. Mr. Dessy graduated from Bocconi
University.
Ms. Ravich is the Chair of the Center on Cyber and Technology
Innovation at the Foundation for Defense of Democracies and its
Transformative Cyber Innovation Lab; the Vice Chair of the
President's Intelligence Advisory Board; a Commissioner on the
Congressionally-mandated Cyberspace Solarium Commission; and a
member of the Secretary of Energy's Advisory Board. Ms. Ravich is
also a managing partner at A2P, LLC and a Board Governor at GIA.
Previously, she served as Deputy National Security Advisor for Vice
President Cheney, and held a variety of other leadership roles. Ms.
Ravich received her Ph.D. in Policy Analysis from the RAND Graduate School and her MCP/BSE from the
University of Pennsylvania/Wharton
School.
Ms. Bassey is the Group General Counsel, Chief Compliance
Officer, and Corporate Secretary of Atlas Mara Ltd. She also serves
as Chair of the Board of Union Bank of Nigeria PLC, and serves as a
director on the boards of African Banking Corporation of Botswana
Ltd. (member of remuneration, risk & compliance, and audit
committees) and Banque Populaire du Rwanda (member of the remuneration and risk
& compliance committees; chair of the credit committee).
Previously, Ms. Bassey served as a director of PowerPlay NYC;
MacArthur Foundation's Nigeria Higher Education Foundation; Self
Help Africa; and Ron Brown Center for Civil Rights and Economic
Development, New York. She was also a partner and member of the
executive committee of Hughes, Hubbard & Reed, LLP, New York. Ms. Bassey received her LL.M
from Harvard Law School; LL.B in Law
from the University of Maiduguri, Nigeria; and BL in Law from the Nigerian Law
School.
About IGT
IGT (NYSE:IGT) is the global leader in gaming. We deliver
entertaining and responsible gaming experiences for players across
all channels and regulated segments, from Gaming Machines and
Lotteries to Sports Betting and Digital. Leveraging a wealth of
compelling content, substantial investment in innovation, player
insights, operational expertise, and leading-edge technology, our
solutions deliver unrivaled gaming experiences that engage players
and drive growth. We have a well-established local presence and
relationships with governments and regulators in more than 100
countries around the world, and create value by adhering to the
highest standards of service, integrity, and responsibility. IGT
has approximately 12,000 employees. For more information, please
visit www.igt.com.
Cautionary Statement Regarding Forward-Looking
Statements
This news release may contain forward-looking statements
(including within the meaning of the Private Securities Litigation
Reform Act of 1995) concerning International Game Technology PLC
and its consolidated subsidiaries (the "Company") and other
matters. These statements may discuss goals, intentions, and
expectations as to future plans, trends, events, dividends, results
of operations, or financial condition, or otherwise, based on
current beliefs of the management of the Company as well as
assumptions made by, and information currently available to, such
management. Forward-looking statements may be accompanied by words
such as "aim," "anticipate," "believe," "plan," "could," "would,"
"should," "shall", "continue," "estimate," "expect," "forecast,"
"future," "guidance," "intend," "may," "will," "possible,"
"potential," "predict," "project" or the negative or other
variations of them. These forward-looking statements speak only as
of the date on which such statements are made and are subject to
various risks and uncertainties, many of which are outside the
Company's control. Should one or more of these risks or
uncertainties materialize, or should any of the underlying
assumptions prove incorrect, actual results may differ materially
from those predicted in the forward-looking statements and from
past results, performance, or achievements. Therefore, you should
not place undue reliance on such statements. Factors that could
cause actual results to differ materially from those in the
forward-looking statements include (but are not limited to) the
uncertainty of the duration, extent, and effects of the COVID-19
pandemic and the response of governments, including
government-mandated property closures and travel restrictions, and
other third parties on the Company's business, results of
operations, cash flows, liquidity and development prospects and the
factors and risks described in the Company's annual report on Form
20-F for the financial year ended December
31, 2019 and other documents filed from time to time with
the SEC, which are available on the SEC's website at www.sec.gov
and on the investor relations section of the Company's website at
www.IGT.com. Except as required under applicable law, the Company
does not assume any obligation to update these forward-looking
statements. You should carefully consider these factors and other
risks and uncertainties that affect the Company's business. Nothing
in this news release is intended, or is to be construed, as a
profit forecast or to be interpreted to mean that the financial
performance of International Game Technology PLC for the current or
any future financial years will necessarily match or exceed the
historical published financial performance or International Game
Technology PLC, as applicable. All forward-looking statements
contained in this news release are qualified in their entirety by
this cautionary statement. All subsequent written or oral
forward-looking statements attributable to International Game
Technology PLC, or persons acting on its behalf, are expressly
qualified in their entirety by this cautionary statement.
Contacts
Phil
O'Shaughnessy, Global Communications, toll free in
U.S./Canada +1 (844) IGT-7452 and
outside U.S./Canada +1 (401)
392-7452
Francesco Luti, Italian media
inquiries, +39 34 85475493
James Hurley, Investor Relations, +1
(401) 392-7190
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SOURCE International Game Technology PLC