Scientific Games, an international provider of lottery games, technology, analytics and services to government-sponsored lotteries, announced that it is to part ways with Nick Negro, its chief financial officer. Negro is set to exit the company in a few days, and will be replaced by Ray Anderson on an interim basis.
The Outgoing CFO Wanted to Spend More Time with His Family
In its official announcement, Scientific Games announced that Nick Negro will officially step down as CFO on May 15, ending his three-year stint with the company. Negro was credited with helping the company grow and achieve major successes.
According to the company’s official announcement, Negro’s departure is due to his decision to pursue a new business opportunity in Chicago that will allow him to be closer to his family.
As mentioned, Negro’s departure has led to the appointment of Ray Anderson as the company’s interim chief financial officer. He stepped into the office on May 4 and will remain in place until a permanent substitute has been determined.
According to Scientific Games, Anderson is a “seasoned finance leader and CPA” who boasts some three decades of experience in a variety of leadership roles. He previously served as a global lead partner – a position in which he advised Fortune 500 companies on audit, capital markets and regulatory strategy.
CEO McHugh Expressed Confidence in Anderson’s Ability to Oversee the Transition
Company leaders commented on Negro’s departure, with Pat McHugh, the company’s chief executive officer, saying that he has been a strong member of the company’s C-suite and a firm believer in its potential.
During his time with the company, he significantly strengthened our financial and procurement organizations and helped position Scientific Games for continued growth. We thank Nick for his contributions and wish him all the best.
Pat McHugh, CEO, Scientific Games
McHugh also commented on the appointment of Anderson, calling him a “highly respected finance leader” and lauding his immense experience in advisory roles. He also expressed firm confidence in Anderson’s ability to support Scientific Games’ financial team during the CFO transition process.
In other news, Scientific Games previously named the experienced Ovie Doro as its new senior vice president of data, analytics and artificial intelligence.
