Financial executive, Nick Negro, secured position as Chief Financial Officer at Scientific Games.
Fresh Take:
Landmark move for gaming giant, Scientific Games, as they've appointed Nick Negro as the new Chief Financial Officer (CFO). After a nationwide hunt following the retirement of former CFO, James Bunitsky, the decisive choice has been made.
Bunitsky, a cornerstone of Scientific Games for four decades, shepherded the company through financial metamorphosis, including the sale of the lottery business, Scientific Lottery Games, to Brookfield Business Partners in April 2022. His unparalleled contributions made a lasting impact on the company's growth trajectory.
Stepping into the finance hot seat
A joyful farewell to the legendary financial leader, Bunitsky, and a warm welcome to the executive team for the new CFO, Nick Negro. Pat McHugh, CEO of Scientific Games, highlighted Negro's broad expertise, stating, "He possesses a deep understanding of international operations, corporate structure, compliance, and strategy—perfect for guiding Scientific Games towards sound financial management in its next phase."
Nick Negro is a high-achieving financial professional with over 20 years of experience across technology, logistics, and manufacturing. With CFO positions under his belt at Honeywell, Dover Corporation, and Navistar, he's armed with an impressive resume. He'll now be stationed at the company's HQ in metro Atlanta.
Emphasizing corporate governance and innovation
McHugh emphasized the significance of corporate governance and compliance for the company's mission to secure long-standing contracts with global lotteries. He also reinforced the company's commitment to continued innovation and maintaining a leadership position in the global lottery industry.
Scientific Games has been a world-renowned provider of games, technology, analytics, and services for lotteries across 50 countries for over five decades. The company boasts an immense portfolio of 130 customers and has recently gained numerous certifications in corporate governance, quality, security, environmental, and responsible gaming standards.
Ready for the future with new instant games printing tech
To sustain its growth, Scientific Games has been venturing into new territories, and one of the latest moves includes the development of a new instant games printing technology, poised to play a pivotal role in their expansion plans in the instant games sector.
- Pat McHugh, the CEO of Scientific Games, has welcomed Nick Negro as the new CFO, praising his extensive expertise in technology, logistics, and manufacturing.
- Nick Negro, in his new role as CFO, will be utilizing his broad understanding of international operations, corporate structure, compliance, and strategy to guide Scientific Games towards sound financial management.
- Scientific Games, under the leadership of Nick Negro, is focused on securing long-standing contracts with global lotteries while emphasizing corporate governance and compliance.
- In an effort to sustain its growth and maintain a leadership position in the global lottery industry, Scientific Games is developing a new instant games printing technology as part of its expansion plans in the instant games sector.
