AGS Appoints Industry Veteran and Lead Independent Director Adam Chibib as Chairman of the Board

With the withdrawal of Blackstone as its primary shareholder, AGS has named Adam Chibib as chairman of the board, replacing David Sambur who had represented Blackstone on the board.

AGS Appoints Industry Veteran and Lead Independent Director Adam Chibib as Chairman of the Board

PlayAGS, Inc., a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, today announced the company’s board of directors has appointed Adam Chibib, current board member and lead independent director, as chairman of the board. Effective January 27, 2023, Chibib succeeds David Sambur, who recently stepped down from the board after serving as chairman for the past five years and as a member of the board since 2013.

“On behalf of my fellow board members, I would like to thank David Sambur for his guidance and insights as chairman of the board and for his nine years of leadership at AGS,” said AGS President, Chief Executive Officer, and Board member, David Lopez.

Lopez added, “We are excited to welcome Adam as our new board chairman. He is an incredibly well-respected leader within the gaming industry, and his depth of experience has been invaluable to AGS throughout his years of service. Adam’s guidance and leadership from day one of the company’s initial public offering has played a critical role in shaping who we are as a Company today. I look forward to continue working with him in his new role.”

In addressing his appointment, Chibib commented, “I am extremely honored to serve as AGS’ chairman of the board. Over the past five years, I have gained a great deal of respect for my fellow board members and the company’s executive leadership team. I look forward to leveraging my previous experience in gaming and other industries to help guide AGS to the next level.”