International Game Technology (IGT) has announced that Alberto Fornaro is to step down as its chief financial officer, with Timothy Rishton set to take on the role on an interim basis.
Also an executive vice president at the supplier, Fornaro will remain with the business until January 31, 2020, after which he will exit in order to pursue other professional opportunities.
Fornaro has served in his current role at IGT since 2013, prior to which he was chief financial officer of GTECH for two years before its merger with IGT.
“It has been a great honour to serve as IGT CFO and to participate in the company’s success during the last eight years,” Fornaro said. “With the recent completion of important refinancing activity and a strong finance organisation in place, it is the right time for me to move on to a new challenge.”
Also an executive vice president at the supplier, Fornaro will remain with the business until January 31, 2020, after which he will exit in order to pursue other professional opportunities.
Fornaro has served in his current role at IGT since 2013, prior to which he was chief financial officer of GTECH for two years before its merger with IGT.
“It has been a great honour to serve as IGT CFO and to participate in the company’s success during the last eight years,” Fornaro said. “With the recent completion of important refinancing activity and a strong finance organisation in place, it is the right time for me to move on to a new challenge.”