GTECH S.p.A. has named Michael Chambrello, the former CEO of rival Scientific Games Corporation, as its new chief executive officer of North America lottery, reporting directly to GTECH CEO Marco Sala.
Chambrello will oversee the development and delivery of all lottery technology solutions globally for the company as well as the strategic development and management of the lottery business in the U.S. and Canada. He also will be responsible for the global instant ticket printing business.
“Mike is an accomplished gaming industry leader with a deep understanding of the lottery industry,” said Sala. “A true lottery pioneer, Mike joined GTECH at a time when the U.S. lottery industry was rapidly expanding and was a key contributor to our growth. Our relationship has grown over time as he had roles of being a partner, vendor and respected competitor. His unique experience and insight, as well as his understanding of our organization, will help us to seamlessly transition to new leadership and partner with our customers to navigate the many opportunities and challenges that lie ahead.”
As CEO of Scientific Games, Chambrello had overall responsibility for managing that company’s day-to-day worldwide activities. Previous to that, he was Scientific Games’ president and chief operating officer.
Chambrello’s first stint with GTECH lasted 17 years. Before leaving the company in 1998, he held various roles of increasing responsibility, including president of GTECH Corporation and executive vice president of GTECH Holdings Corporation. He has also served as president and CEO of Environmental Systems Products Holdings, and as CEO of Transmedia Asia Pacific and Transmedia Europe.
In a separate release, GTECH announced the appointment of James Hurley to head investor relations, reporting to CFO Alberto Fornaro.
Hurley joins GTECH from Ralph Lauren, the publicly listed luxury fashion brand, where he has served as vice president of investor relations since 2007.
As senior vice president of investor relations for GTECH, Hurley will be responsible for promoting the supplier’s business objectives while enhancing its image and reputation within the investment community.
“GTECH’s financial communications strategy must take into account the highly regulated environment in which it operates and the diversity of business segments it covers, a scale that will be further enlarged with the upcoming acquisition of IGT,” said Fornaro. “At Ralph Lauren, James established himself as a world-class communicator with a proven ability to navigate complex international business environments.
“I am confident that James will lead us in adopting industry best practices for an NYSE-listed company and successfully design and implement GTECH’s strategic and tactical investor relations plans.”
