INTERNATIONAL GAME TECHNOLOGY PLC

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International Game Technology plc Announces Board Changes

01/20/2022 | 06:45am EDT

International Game Technology PLC announced that on January 14, 2022 its board of directors implemented a number of changes to the Company's executive team and board. Lorenzo Pellicioli will retire as chairperson of the IGT Board of Directors and will remain a non-executive director. Marco Sala, currently CEO of IGT, will become executive chair of the board. Vincent Sadusky will become CEO and executive director of the board. These changes will be effective January 24, 2022. The board of directors also appointed Maria Pinelli and Ashley Hunter as non-executive directors of the board. Ms. Hunter was also appointed to the Company's Nominating and Corporate Governance Committee and Ms. Pinelli was appointed chair of the Company's Audit Committee, replacing Vincent Sadusky. These changes were effective January 14, 2022. Marco Sala was CEO of IGT from April, 2015 to January, 2022. In addition to serving on the board of directors for IGT in his role as CEO, in May 2020 he was appointed to the board of directors for De Agostini S.p.A. Vincent Sadusky was CEO and board member of Univision Communications from 2018 to 2020, the Hispanic media company in the US, operating multiple broadcast and cable networks, local TV and radio stations, digital video and audio streaming. Maria Pinelli is a global C-suite executive who currently serves as a member of the board of directors for Globant and board director and chair of the audit committee for Archer Aviation Inc. and Clarim Acquisition Corp. She served in a variety of leadership roles at EY from October, 1986 to November, 2020, including consumer products and retail leader, global vice chair – strategic growth markets, global IPO leader, and Americas leader – strategic growth markets. Ashley Hunter has been a lecturer at the University of Texas at Austin School of Information since 2015, and is the founding partner of A. Hunter & Company, a leading risk management advisory firm. Previously she was managing director of HM Risk Group LLC where she assisted many startups and corporations with alternative risk transfer schemes and reinsurance placement, globally.


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Financials (USD)
Sales 2022 4 165 M - -
Net income 2022 262 M - -
Net Debt 2022 5 416 M - -
P/E ratio 2022 16,1x
Yield 2022 3,88%
Capitalization 4 181 M 4 181 M -
EV / Sales 2022 2,30x
EV / Sales 2023 2,20x
Nbr of Employees 10 393
Free-Float 48,2%
Chart INTERNATIONAL GAME TECHNOLOGY PLC
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International Game Technology PLC Technical Analysis Chart | IGT | GB00BVG7F061 | MarketScreener
Technical analysis trends INTERNATIONAL GAME TECHNOLOGY PLC
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TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 20,60 $
Average target price 35,29 $
Spread / Average Target 71,3%
EPS Revisions
Managers and Directors
Vincent L. Sadusky Chief Executive Officer & Executive Director
Massimiliano Chiara Chief Financial Officer, Director & Executive VP
Marco Sala Chairman
Alberto Dessy Independent Non-Executive Director
James Francis McCann Vice Chairman
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