IGT on Thursday announced that Hector Fernandez has joined the company as CEO. Fernandez previously was CEO of Aristocrat Gaming.
Fernandez will assume the role of CEO of the combined IGT-Everi enterprise and oversee the gaming business unit after regulatory approvals.
“Led by Hector and a talented team of leaders from across the legacy IGT Gaming & Digital and Everi businesses, as well as key new hires from inside and outside the industry, we believe the combined enterprise will accelerate growth, enhance product and content innovation, and become an even stronger partner to its customers,” Apollo Partner and IGT Board Chair Daniel Cohen said in a statement. “Hector shares our commitment to fostering a high-performing, people-first culture, and we are confident he will lead this team to new heights.”
Fernandez brings a track record in gaming and technology to IGT. Fernandez has been recognized for leadership in strategic initiatives that propelled market share, revenue growth and increased profitability.
He is based in Las Vegas, home of IGT’s global headquarters.
“I’m honored and excited to lead IGT into its next chapter,” said Fernandez. “This is a company with strong talent, deep industry relationships, and significant potential. As we bring together the legacy IGT and Everi teams, in partnership with Apollo, we have an opportunity to evolve how we operate, innovate, and deliver for our customers. I’m looking forward to working with our teams around the world to define what’s next for IGT.”
IGT also announced that Nick Khin, who previously served as interim enterprise CEO and CEO of the gaming business unit, will step down and transition into a role as a Strategic Advisor to the senior leadership team and board.
“Nick has contributed greatly to IGT’s progress over the past 12 years,” said Fernandez. “His leadership through this transition period has been invaluable to the organization, and I want to thank him for his dedication and impact. We appreciate his continued guidance as we move into this next chapter.”
IGT’s Digital business unit will continue to be led by Gil Rotem and IGT’s FinTech business unit will continue to be led by Darren Simmons.
