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Scientific Games announces new CFO

By Owain Flanders

Scientific Games has hired Michael Eklund as its new CFO, effective from 1 June 2020.

Eklund worked for 20 years at Dell Technologies in both financial and operational roles.

Most recently, he served as CFO of IRI, a company focused on data and analytics solutions and services for consumer, retail and media companies.

The current CFO Michael Quartieri will remain with Scientific Games until 30 June 2020 and will serve in a consulting role after this point until 31 December.

Barry Cottle, Scientific Games CEO, said:  "Mike Quartieri has done an outstanding job over the last four years building a world class financial team, revitalising our financial management and refinancing our debt. 

"Mike has led our efforts to reduce our cash burn while preserving key operations, developing plans to manage through the pandemic, preparing to be an even stronger competitor as we emerge from the crisis and working with our lenders to get our credit agreement amended to provide covenant relief.

"With those key steps taken, we are now ready to proceed with the transition to a new CFO.”

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