It’s official—Gavin Isaacs has the top job at Scientific Games.
Mr Isaacs, former chief executive of SHFL entertainment, was named to succeed David Kennedy as president and CEO of the New York-based gaming and lottery giant (Nasdaq: SGMS).
Mr Kennedy had taken over in November of last year when management was reshuffled in the aftermath of SciGames’ US$1.5 billion purchase of WMS Gaming, North America’s third-largest gaming machine manufacturer. He replaced long-time boss Lorne Weil. He will continue to service as executive vice chairman, the company said.
Mr Isaacs, one of the best-known and respected names in the industry, brings with him more than 15 years of experience. As CEO of SHFL he helped engineer the company’s $1.3 billion sale to Bally Technologies last year. He’d been Bally’s chief operating officer prior to joining SHFL, serving from May 2006 until March 2011.
He also held senior roles at Aristocrat Leisure, including head of global marketing and business development and managing director of Aristocrat’s London-based European subsidiary. He also served as president of Las Vegas-based Aristocrat Technologies, the company’s North American subsidiary.
“He has an impressive track record of success and is recognized for his dynamic leadership,” said SciGames Chairman Ronald Perelman.
“Scientific Games has a skilled worldwide organization that is focused on improving performance and growth,” Mr Isaacs said. “I look forward to working together as we concentrate on creating and distributing innovative products and services to our customers, completing the integration of WMS and enhancing stockholder value.”
