A longtime nationalist institution and gaming enforcement has been named main fiscal serviceman of gaming instrumentality elephantine IGT.
Adam Chibib connected Monday was appointed main fiscal officer, effectual Nov. 1, for the Las Vegas-based gaming institution that has transitioned from a London-based cognition managed by an Italian radical but returned to its roots arsenic a Nevada instauration successful 2025.
Chibib replaces Fabio Celadon, who volition stay CFO done Oct. 31 and past service arsenic an advisor done Dec. 31, to enactment a creaseless transition.
Chibib brings much than 3 decades of fiscal and operational enactment crossed nationalist companies, backstage equity-backed businesses and precocious maturation exertion organizations, contributing to six palmy exits. Most recently, helium served arsenic main fiscal serviceman of Houston-based Raptor Technologies, which was acquired by Warburg Pincus successful January pursuing a important translation nether the ownership of Thoma Bravo and JMI Equity.
His gaming acquisition includes serving arsenic president and main fiscal serviceman of Austin, Texas-based Multimedia Games, wherever helium helped treble revenue, triple profitability and summation the company’s marketplace capitalization from astir $47 cardinal to much than $1 cardinal earlier its $1.2 cardinal acquisition. He aboriginal served arsenic president of the committee and seat of the audit committee of PlayAGS done its acquisition successful 2025. His earlier acquisition includes fiscal enactment roles astatine Self Financial, NetSpend and respective exertion companies.
“Adam brings the nationalist company, backstage equity and gaming acquisition we request for this signifier of IGT’s transformation,” Hector Fernandez, CEO of of IGT, said successful a institution release. “His fiscal subject and operating mindset volition beryllium important arsenic we sharpen execution and fortify currency travel creation. I besides privation to convey Fabio for much than 2 decades of enactment and committedness to IGT. He has helped usher the institution done important alteration and has been a trusted spouse crossed the business.”
Chibib said helium was attracted to IGT by its beardown portfolio and starring marketplace positions.
“I look guardant to moving with Hector, the enactment squad and the concern enactment to fortify fiscal and operating discipline, align superior with our highest priorities and physique a durable instauration for growth,” helium said successful a release.
Contact Richard N. Velotta astatine rvelotta@reviewjournal.com oregon 702-477-3893. Follow @RickVelotta connected X.
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