Galaxy Gaming announced today that Todd P. Cravens, the Company’s Vice President of Business Development, has succeeded Galaxy’s founder, Robert B. Saucier, as President and Chief Executive Officer.
Saucier remains with the Company as a Director and has been appointed to the position of Executive Vice President of Business Development and Chief Product Officer.
Prior to joining the Company in January 2017, Cravens was the CEO of the Americas for TCS John Huxley and has over 25 years' experience in the gaming and entertainment industries.
“Todd is an outstanding choice to lead the Company going forward,” said Mr. Saucier. “He has the respect of the Galaxy team and of our clients, and I know he will move quickly to advance the many opportunities in front of us.”
Commenting on the appointment, Cravens stated, “I am excited to expand my role with Galaxy. I step into the position surrounded by a very solid team that is focused on creating great products and servicing our clients.
“The Company has made substantial investments in people and products over the last two years, and this puts us in an excellent position to better serve clients in both new and existing markets.”
In separate action, the Company’s Board elected Mark Lipparelli as a Director and Chairman of the Board.