International Game Technology PLC ("IGT") recently announced the appointment of Fabio Celadon as senior vice president, gaming portfolio. Reporting to IGT PLC CEO Marco Sala, he will be responsible for five primary areas within IGT's Gaming organization: technological advancements and market and competitive trends; global research, development, and delivery consolidation, and related allocation of budgets and resources; content portfolio evolution; hardware and content roadmaps consolidation and execution; and product performance and results.
"Fabio brings more than 15 years of global gaming experience and expertise working in various management capacities at IGT and its legacy companies," said Sala. "His operational experience, coupled with his global perspective and in-depth knowledge of the gaming industry having overseen the strategy, competitive intelligence and mergers and acquisitions organizations for the company, makes him ideally suited to lead the gaming portfolio group for IGT."
Celadon most recently served as managing director, IGT Greater China and senior vice president, IGT International. In this role, he was responsible for managing IGT's business and operations across lotteries, video lotteries, sports betting and interactive and mobile gaming in Greater China. He was also responsible for the strategic development of IGT's business in Greater China, India and Japan.
During his tenure with IGT and its predecessor companies, Celadon served as senior vice president of group strategy and corporate development for GTECH S.p.A., where he was responsible for evaluating strategic growth initiatives and mergers and acquisitions.
In addition, he has held several strategy, corporate development and finance positions including CFO of Lottomatica from 2002 to 2004. Following the acquisition of GTECH by Lottomatica, he relocated to the U.S. where he held the position of GTECH vice president of new market development.
Prior to joining Lottomatica, Mr. Celadon was a partner with Atlantis Capital Partners, a private equity firm and prior to that, he worked for Morgan Stanley in London in the mergers and acquisitions department. He holds a Law Degree from LUISS Guido Carli University in Rome and an MBA from Columbia Business School in New York. He and his family will be relocating to Las Vegas, Nevada.