The news follows the recent retirement of former CFO James Bunitsky, who had joined the business in 1981, and spent more than forty years in various finance roles. This included taking the lead on the 2022 sale of the company’s lottery division to Brookfield Business Partners, who opted to keep take on the former parent company’s legacy name, which is now known as Light & Wonder.
“We are grateful for Jim Bunitsky’s outstanding financial leadership and excited to now add Nick to our Executive Leadership Team in the role of CFO,” said Scientific Games chief executive officer Pat McHugh.
“He has a thorough understanding of the complexity of international operations in a service-based business and broad knowledge of corporate structure, compliance and strategy.
“Guided by Nick’s financial expertise, we look forward to the next chapter of sound financial management of our global business.”
Negro, described as a “results driven professional”, has 20 years of financial, strategic, operational management and leadership experience for a number of large businesses in a variety of sectors.
Prior to joining the lottery business Negro took on various CFO appoints at Honeywell, Dover Corporation and Navistar where he gained experience developing and executing financial strategies for international companies.
The new executive holds a BSc in finance from the University of Illinois and an MBA in accounting and finance from DePaul University. He lives in Atlanta, where the company’s global headquarters are located.
New appointments
The new hire follows a number of senior personnel changes at the lottery provider at the end of last year, including the appointment of former Trump advisor James Schultz as executive vice president of public policy and public affairs to lead on the company’s regulatory strategy.
In October 2022, the organisation also hired a Mona Garland as the businesses chief human resources officer, leading on the company’s global people strategy.
Original article: https://igamingbusiness.com/people/people-moves/scientific-games-appoints-nick-negro-as-cfo/
