Kennedy handed CEO role at Scientific Games

20 November 2013

Gaming solutions provider Scientific Games has announced the appointment of David Kennedy as its new chief executive officer as part of a restructure of its board of directors.

Under the new structure, the company confirmed it is to split the chairman and chief executive officer roles.

As a result, Kennedy will replace the outgoing A. Lorne Weil in the chief executive officer position with immediate effect, while Ronald Perelman has been appointed chairman.

Kennedy has served as vice-chairman of the Scientific Games board and a member of its executive and finance committee since October 2009, as well as holding an executive role between November 2010 and March 2012.

His latest role was president of MacAndrews & Forbes Holdings, while he has also worked for likes of Revlon and The Coca-Cola Company in various senior management and financial roles.

“The Board is confident that he and the company's outstanding management team will accelerate business performance and continue to build a strong, profitable company,” new chairman Perelman said.

Kennedy added: "Scientific Games is well positioned to offer customers a complete suite of products and services, expand opportunities for our employees and drive enhanced value for our stockholders.”

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