IGT has announced that Fabio Celadon will take a new role as EVP of strategy and corporate development.
He will continue to report directly to IGT CEO Marco Sala as a member of the company’s senior leadership team. “Fabio Celadon is an important member of the senior leadership team at IGT,” said Sala. “I look forward to his continued contributions in this new role.”
Celadon will be responsible for IGT’s strategy, mergers and acquisitions and competitive intelligence functions. His group will monitor industry and competitive trends in IGT’s core and adjacent markets; develop IGT’s portfolio strategy; identify key portfolio initiatives and support the business unit CEOs in the identification and execution of their business unit strategic initiatives; execute the Group’s M&A strategy (mergers, acquisitions, JVs and divestitures), managing deal evaluation, structuring and negotiation, and coordinating internal cross-functional teams as well as external advisors.
Prior to his most recent role as SVP, gaming portfolio, Celadon brings more than 17 years of global gaming experience working in various senior management capacities at IGT and its legacy companies.