Casino executives on the move
Luke Orchard, senior vice president, chief compliance and risk management officer for International Game Technology PLC (IGT) was recently elected president of the Association of Gaming Equipment Manufacturers (AGEM) for a two-year term.
Orchard previously held various leadership roles within AGEM and other key gaming advocacy groups, most recently as AGEM vice president.
“Orchard is an outstanding gaming and lottery leader who continues to leverage his extensive industry knowledge and influence to further AGEM’s mission of promoting the interests of gaming equipment suppliers throughout the world,” said Marcus Prater, AGEM executive director. “He has been an integral member of the AGEM leadership team for many years and we are excited the board of directors asked him to expand the scope of his influence as he takes on the role of AGEM president.”
Kim Nasuta, vice president of human resources for AGS, was named among VEGAS INC.’s prestigious 2019 Women to Watch, which celebrates Southern Nevada’s most influential female professionals.
Only 13 women were selected for the prestigious 2019 ‘Women to Watch’ list out of more than 100 nominees, and Nasuta is the only winner representing the gaming equipment supplier industry. Honorees were chosen by an independent panel of judges based on their work ethic, accomplishments, and dedication to giving back to their community.
“Since Kim joined AGS in early 2017, she has made so many contributions to our business, including spearheading our veteran initiatives; propelling our recruiting to hire more than 300 high-quality team members globally in two years, including staffing new game-development studios; and leading our focus on corporate culture through best-in-class benefits, community outreach, and employee engagement,” said David Lopez, president and CEO of AGS. “We are so proud of Kim and are truly thrilled to celebrate this award with her.”
Before joining AGS, Nasuta served as vice president of human resources for the Lucky Dragon Hotel & Casino.
» EVERI HOLDINGS
Everi Holdings’s board of directors has extended the employment agreement of President and CEO Michael Rumbolz for an additional two years through Jan. 31, 2021. The extension supersedes Rumbolz’s prior employment term, which was to conclude in May 2019.
In addition, the company announced Darren Simmons’ promotion to the position of executive vice president and FinTech business leader, where he will continue to lead Everi’s FinTech operations.
Since his appointment as interim president and CEO in February 2016, and subsequently as president and CEO beginning May 2016, Rumbolz has overseen the implementation of a series of strategic operating initiatives that have resulted to date in nine consecutive quarters of year-over-year revenue and adjusted EBITDA growth, a return to profitability for the company and a significantly improved capital structure.
Simmons served as Everi’s interim FinTech business leader during 2018 and under his leadership, the business segment is reportedly poised to achieve record operating performance for fiscal 2018. Simmons is responsible for managing the profitability of Everi’s FinTech business and continues to lead product management, product innovation, operations and sales support.
» MGM RESORTS INTERNATIONAL
Keith A. Meister has been appointed to MGM Resorts International’s board of directors. With his appointment, the company’s board has been expanded from 12 to 13 directors.
Meister is managing partner and chief investment officer of Corvex Management LP, which beneficially owns approximately THREE percent of MGM’s outstanding shares. Meister has extensive boardroom experience and previously served as a director on the boards of Yum! Brands, Inc., The Williams Companies, The ADT Corporation, Ralcorp Holdings, Motorola, Inc./Motorola Mobility, Inc. and American Casino & Entertainment Properties, among others.
“We are pleased to invite Keith onto the Board as our newest independent director,” said Jim Murren, chairman and CEO of MGM Resorts. “His strong track record of helping companies maximize value for shareholders as well as his experience in real estate and gaming will be invaluable as we continue to optimize our business and evolve as an organization.”
» MOHEGAN SUN POCONO
David Parfrey has been named vice president of marketing for Wilkes-Barre, Pa.-based Mohegan Sun Pocono. Parfrey is a day-one team member of Mohegan Sun Pocono, which opened in November of 2006. He also worked for previous ownership, Pocono Downs racetrack, since 2000.
A graduate of Penn State University with a focus in accounting, Parfrey’s career took root at Mohegan Sun Pocono in the mid-2000s where he excelled in financial work for the company, which led to a promotion to director of finance in 2009; a position he held until 2017. From there, Parfrey’s role and responsibilities progressed further, as he was named director of financial planning and analysis in July 2017.
As the new vice president of marketing, Parfrey will oversee all consumer and casino communications at Mohegan Sun Pocono, including entertainment, promotions, special events and more.