IGT’s Bugno Stepping Down

Walter Bugno is stepping down from his position as executive vice president of new business and strategic initiatives at International Game Technology to pursue a “new professional opportunity.”

IGT’s Bugno Stepping Down

Gaming industry veteran Walter Bugno, who has been a top executive for supplier International Game Technology for 11 years, is resigning from his position as IGT’s executive vice president and strategic initiatives, a company statement saying only that the reason is “to pursue a new professional opportunity.” According to a statement from IGT, Bugno will remain with the company until May 14.

Bugno’s tenure at the current IGT is part of a career of executive leadership at the company’s legacy companies.

Prior to assuming his current position last year, Bugno spent 10 years in concurrent roles as chief executive officer of IGT International, CEO of the gaming division at main Italian video lottery subsidiary Lottomatica, and president and CEO of GTECH International.

In its statement, IGT said Bugno’s new business responsibilities will be divided between the company’s global gaming and lottery business units, and strategic initiatives duties will be assumed by IGT’s strategy and corporate development team.

“I would like to thank Walter for his accomplishments over the course of more than 10 years of senior leadership at IGT,” CEO Marco Sala said. “His efforts have made meaningful contributions to the strength of our global leadership.

“At every stage of his time with IGT, Walter successfully engaged teams across multiple regions, built significant customer relationships, fostered continued talent development and championed innovation throughout his organization. On behalf of everyone at IGT, I wish Walter well in his future endeavors.”