logo
Plus   Neg
Share
Email

International Game Technology Chairman Phil Satre Resigns - Quick Facts

International Game Technology PLC (IGT) said that Phil Satre, Chairman of the Board of Directors, has resigned from that position and as a Director effective immediately.

Lorenzo Pellicioli, Vice Chairman of the IGT Board, will lead the Board until its next meeting at which time the board will elect a new chairman.

Pellicioli said, "On behalf of the Board, I want to thank Phil for his dedicated service and many important contributions. He successfully guided the Company through a transformational merger that created the largest gaming company in the world. We wish him continued success as he takes on a new role at Wynn Resorts."

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss engineering major ABB Ltd. teamed with Italian utility Evolvere to launch a blockchain pilot project to explore transparent, secure peer-to-peer solar energy transactions, media outlet PV Tech reported. The companies will test the potential of blockchain technology in solar systems. The blockchain technology was developed in partnership with Prosume. Shares of Tesla Inc. are losing more than 5 percent in Monday's trading after Wedbush Securities analyst Daniel Ives slashed his price target on the luxury electric car maker's stock, citing "major concerns" around the trajectory of Tesla's growth prospects. In a note to investors, Ives also said he has concerns over underlying demand for Model 3 cars in the U.S. over the coming quarters. Amazon Inc. is leading a new $575 million investment in British food delivery company Deliveroo, intensifying the e-commerce giant's competition with rival Uber and its Uber Eats service. Deliveroo noted that Amazon is set to be the largest investor in the Series G preferred shared funding round. With the latest funding round, Deliveroo has raised $1.53 billion.
Follow RTT