IGT announced that it has appointed Mario Di Loreto as executive vice president of human resources, organization & transformation and Robert K. Vincent who will take on a new role as executive vice president for administrative services and external relations, both reporting to IGT PLC CEO Marco Sala.
Mario is responsible for providing the overall HR leadership and strategy to further organizational development and ensure that IGT attracts, develops, and retains a talented, diverse, and engaged workforce.
"Mario Di Loreto is an accomplished HR professional with more than 20 years of relevant experience with large-scale international businesses. More importantly, he has a passion for organizational transformation that perfectly fits the needs of our business at this critical time in our development," said Mr. Sala.
"As a member of the senior team reporting directly to me, Mario has a broad mandate to look at our business from all angles and make recommendations to improve our strategies and drive a process of continuous improvement. I have every expectation that he will positively impact our approach to the business, solidify and enhance our culture, and contribute to our success going forward."
Prior to joining IGT, Mario was executive vice president for human resources and organization at Telecom Italia Group and its 50,000 employees where he led a complete re-engineering of the HR management core processes that was implemented across the global organization as part of a three-year People Strategy Program.
Previous to joining Telecom Italia, he spent four years as the human resources group director for Barilla where he was responsible for 15,000 employees in 17 countries. In this role, Mario participated in the re-organization of the international subsidiary companies to achieve cultural and business integration and alignment.
In addition, Mario has held HR positions with increasing levels of responsibility and authority with Starwood Hotels where he was part of a global innovation team that worked under Starwood's CEO at its U.S. headquarters to help define the evolution of Starwood's organizational and business models.
He has also held senior HR positions with Air One and subsequently Alitalia where he participated in the creation and development of two low-cost carriers, Alitalia Team and Alitalia Express.
Mario graduated with a Ph.D. in the Philosophy of Science from the University of Rome, and for a time, pursued an academic career before beginning his career in business. He will primarily work out of IGT's Providence, Rhode Island headquarters.
As part of the continued evolution of the corporate functions integration, a centralized Administrative Services organization is being created to achieve greater efficiencies through the consolidation, coordination, and management of global activities related to the administrative support of the company.
With an expansive operational footprint that spans over 100 countries, IGT has grown to have more than five million square feet of space under management and procures well over $1 billion worth of goods and services annually. A new central Administrative Services organization has been created to ensure the proper delivery of goods and services to help drive the operation of the business units and to capture the naturally-resulting improved synergies from centralization.
A major focus of the new group will be to enhance the coordination and oversight of corporate security and cyber-security functions that will be centralized under a new Global Information Security Office in the Administration Services organization. In addition to Information Security, the functions reporting into the new Administrative Services organization will include Global Procurement, Real Estate and Facilities, Food Services, Environmental Health and Safety and Facility Security and Monitoring.
The new organization will be led by Robert K. Vincent who will take on a new role as executive vice president for administrative services and external relations. He will continue to lead the external affairs functions that include global corporate communications, media relations, branding, and social responsibility programs, as well as provide investor relations support.
"As was anticipated, IGT has reached a point of requiring an increased level of global coordination and oversight of the acquisition and management of critical assets including cyber security," said Mr. Sala. "As I have previously done, I am turning to a senior executive with whom I have great confidence to lead these functions. Bob Vincent has the right balance of experience and good judgment to successfully meet the challenges associated with managing, supplying, and protecting our growing global enterprise.
"As a member of the senior leadership team, Bob has played an important role in helping to define the new IGT organization and attract an unparalleled group of individuals to lead the Company. I greatly value his contribution and appreciate his willingness to take on the new and important challenges of this new role."
During his over 20-year tenure at IGT and its legacy companies, Bob has served in roles of increasing responsibility in administrative, public affairs, and business development. A University of Rhode Island graduate, he resides with his family in North Kingstown, Rhode Island.