LAS VEGAS, Sept. 16, 2021 / PRNewswire / – Scientific Games Corporation (NASDAQ: SGMS) (âScientific Gamesâ, âSGCâ or the âCompanyâ) today announced the appointment of Connie James as Vice President Executive, Chief Financial Officer Executive, Treasurer and Corporate Secretary, effective October 15, 2021. Ms. James has served as Chief Financial Officer of Scientific Games’ Gaming business since January 6, 2020. Current CFO Mike Eklund will step down to pursue other opportunities and will remain with the Company until October 15, 2021.
âSince joining Scientific Games, Connie has helped lead the Gaming business through the unprecedented disruption caused by COVID-19 and has been instrumental in our strategic review and developing our vision to become the lead global cross-platform games company, âScientific Games said. President and CEO Barry Cottle. âAs we advance our strategy to become a content-driven growth company, we are confident that Connie is the right executive to take the lead in helping us achieve our vision and generate long-term shareholder value. term. “
Mr. Cottle continued, âMike has been instrumental in creating a premier finance organization with a broad talent pool and has contributed to a significant and consistent improvement in our bottom line. He has also been instrumental in our strategic review and the planned divestitures of our lottery and sports betting businesses to advance our exciting transformation trajectory. We achieved record results in the second quarter and business continues to perform well in the third quarter. We are moving quickly as we implement our strategy and the planned divestitures are well advanced. As previously indicated, there is a great deal of interest in the businesses that we intend to divest and discussions to date continue to give us confidence that the divestitures will generate substantial value for our shareholders. the board and management team, I wish Mike the best in his future endeavors. “
âScientific Games is a company with enormous potential as we execute on our strategy of deleveraging our balance sheet, investing in growth for the future and creating value for our stakeholders. I am delighted to be working closely with Barry and the rest of our team. as we capitalize on the high growth opportunities that lie before us over the next several years, âsaid Ms. James.
“I am incredibly proud of our team and what we have accomplished,” said Mr. Eklund. âWith the progress we’ve made and the company’s transformation underway, I know our finance team is in good hands with Connie at the helm and Scientific Games is set for an exciting future. ”
About Connie James
Ms. James is a seasoned financial executive with nearly 20 years of gaming experience in financial and operational roles and experience in delivering successful business, cultural and financial transformations. Prior to joining Scientific Games as CFO of the Gaming business in January 2020, Ms. James served as Corporate Vice President Finance – Business Operations and Supply Chain at Cargill. Previously, she spent nearly 10 years in various leadership roles at Aristocrat Leisure Limited including CFO of Global Land Based Gaming and CFO of Americas and Business Operations. During her time at Aristocrat, she was instrumental in the record growth and evolution of the company through social acquisitions. Previously, Ms. James served as the Manager of Risk Management Services at Deloitte Australia.
About science games
Scientific Games Corporation (NASDAQ: SGMS) is a global entertainment leader providing dynamic games, systems and services for casinos, lotteries, online gaming and sports betting. Scientific Games offers the largest and most integrated portfolio of game content, advanced systems, advanced platforms and professional services in the gaming industry. Committed to responsible gaming, Scientific Games delivers what Customers and gamers value it most: reliable security, engaging entertainment content, operational efficiency and innovative technology. For more information, please visit Scientificgames.com.
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In this press release, Scientific Games is making âforward-looking statementsâ within the meaning of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as âwillâ, âmayâ and âshouldâ. “These statements are based on management’s current expectations, assumptions and estimates and are not guarantees of future timing, results or performance. Therefore, you should not rely on these forward-looking statements as predictions of Future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including factors described in our filings with the Securities and Exchange Commission. (the “SEC”), including Scientific Games’ current reports on Form 8-K, Quarterly Reports on Form 10-Q and its latest r annual contribution on Form 10-K filed with the SEC on March 1, 2021 (including under âForward-Looking Statementsâ and âRisk Factorsâ). Forward-looking statements speak only as of the date on which they are made and, except for Scientific Games’ continuing obligations under United States federal securities laws, Scientific Games makes no commitment to update publicly forward-looking statements, whether as a result of new information, future events or otherwise.
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