Scientific Games Corporation has announced that current SG Interactive boss Barry Cottle will replace Kevin Sheehan as the company’s new President and CEO, effective 1 June 2018.
Sheehan, who will remain with Scientific Games as a senior advisor, steps aside after almost two years in the top job, having been appointed CEO in August 2016.
The company has also announced that Tim Bucher, previously SVP and GM of the Consumer Solutions Group at Seagate Technology, has been named EVP and Chief Product Officer across all Scientific Games’ business divisions.
“I’m proud of what we have accomplished over the past two years,” said Sheehan.
“Our company is stronger than ever and growing across all our divisions. With the acquisition of NYX and the rapid growth of our entire interactive business, Scientific Games is poised to lead the future as the entire gaming industry transitions to new digital and mobile platforms.
“I want to thank the Scientific Games executive team, my friends and colleagues at MacAndrews & Forbes and all of our employees for their hard work and commitment. Barry has been a great partner and I look forward to supporting his efforts to lead Scientific Games into the digital future.”
Cottle joined Scientific Games as CEO of SG Interactive in August 2015 to lead the strategy and growth plans of the Interactive group.
The company said that he has led the team to double revenue growth in that time while also guiding Scientific Games’ efforts to enter sports betting and iLottery through the acquisition of NYX and OpenBet.
He previously served as Vice Chairman of Deluxe Entertainment where he helped drive digital innovation including Deluxe’s launch of Virtual Reality.
“Innovation is the cornerstone of our strategy at Scientific Games,” Cottle said. “Across all our business units and platforms, we are relentless in our efforts to drive greater efficiency and adaptability to take advantage of new and growing markets. Scientific Games’ expertize and passion for innovation is an invaluable asset as we continue to build cutting-edge technology to enhance the player experience for both retail and digital platforms.”
Bucher, who joins the company as EVP and Chief Product Officer across all business divisions, is described as a Silicon Valley veteran who has created several successful companies which have either been taken public or acquired by tech giants including Apple, Microsoft, Dell and Seagate Technology over the last three decades.
He has served in executive product roles directly for Steve Jobs, Bill Gates and Michael Dell “learning from those iconic entrepreneurs how to innovate and grow businesses.”
Specializing in consumer software, hardware and user experiences, he holds over 40 patents in networking technology, user interface design, computer and processor design as well as graphics and multimedia technologies.
Most recently Bucher served as the Senior Vice President and General Manager of Seagate Technology’s US$1.4 billion global consumer business developing innovative solutions to break Seagate into new markets including mobile, drone and gaming.
Sheehan, who will remain with Scientific Games as a senior advisor, steps aside after almost two years in the top job, having been appointed CEO in August 2016.
The company has also announced that Tim Bucher, previously SVP and GM of the Consumer Solutions Group at Seagate Technology, has been named EVP and Chief Product Officer across all Scientific Games’ business divisions.
“I’m proud of what we have accomplished over the past two years,” said Sheehan.
“Our company is stronger than ever and growing across all our divisions. With the acquisition of NYX and the rapid growth of our entire interactive business, Scientific Games is poised to lead the future as the entire gaming industry transitions to new digital and mobile platforms.
“I want to thank the Scientific Games executive team, my friends and colleagues at MacAndrews & Forbes and all of our employees for their hard work and commitment. Barry has been a great partner and I look forward to supporting his efforts to lead Scientific Games into the digital future.”
Cottle joined Scientific Games as CEO of SG Interactive in August 2015 to lead the strategy and growth plans of the Interactive group.
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The company said that he has led the team to double revenue growth in that time while also guiding Scientific Games’ efforts to enter sports betting and iLottery through the acquisition of NYX and OpenBet.
He previously served as Vice Chairman of Deluxe Entertainment where he helped drive digital innovation including Deluxe’s launch of Virtual Reality.
“Innovation is the cornerstone of our strategy at Scientific Games,” Cottle said. “Across all our business units and platforms, we are relentless in our efforts to drive greater efficiency and adaptability to take advantage of new and growing markets. Scientific Games’ expertize and passion for innovation is an invaluable asset as we continue to build cutting-edge technology to enhance the player experience for both retail and digital platforms.”
Bucher, who joins the company as EVP and Chief Product Officer across all business divisions, is described as a Silicon Valley veteran who has created several successful companies which have either been taken public or acquired by tech giants including Apple, Microsoft, Dell and Seagate Technology over the last three decades.
He has served in executive product roles directly for Steve Jobs, Bill Gates and Michael Dell “learning from those iconic entrepreneurs how to innovate and grow businesses.”
Specializing in consumer software, hardware and user experiences, he holds over 40 patents in networking technology, user interface design, computer and processor design as well as graphics and multimedia technologies.
Most recently Bucher served as the Senior Vice President and General Manager of Seagate Technology’s US$1.4 billion global consumer business developing innovative solutions to break Seagate into new markets including mobile, drone and gaming.
