New CEO For Scientific Games

Wednesday June 11,2014 :  SCIENTIFIC GAMES NAME NEW CEO
 
Seasoned gaming veteran takes on top job
 
Gavin Isaacs has been named president and chief executive officer of Scientific Games Corporation (SGC) succeeding David L. Kennedy with immediate effect.
 
Issacs most recently served as chief executive officer of SHFL Entertainment when the company was bought by Bally Technologies.  Previously he served as executive vice president and chief operating officer of Bally Technologies.  Prior to that, he has held numerous senior positions with Aristocrat Leisure Limited as head of global marketing and business development, managing director of Aristocrat's London-based European subsidiary and president of Aristocrat's Las Vegas-based subsidiary Aristocrat Technologies Inc.
 
He is also a Trustee and former president of the International Association of Gaming Advisors.
 
"Gavin is a very talented and seasoned gaming industry executive with the necessary skills to lead our Company to the next level of growth and performance," commented Ronald O. Perelman, Chairman of the Board of Scientific Games.  "He has an impressive track record of success and is recognized for his dynamic leadership.  We believe his focus on customer relationships, strategic thinking and expertise in growing innovation-focused businesses make him the ideal choice to lead our efforts to achieve greater profitability and increased cash flow."
 
Perelman thanked David L. Kennedy for stepping up to lead the Company during the last six months and working with the Board to facilitate the CEO succession. “We were fortunate to have a leader of David's stature and experience at such an important time, and we are pleased that he will continue to serve the Company and our stockholders as Executive Vice Chairman."