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05
January 2009
Patrick
Cavanaugh Named CFO Of
IGT
International
Game Technology (IGT)
has announced the promotion of
Patrick W. Cavanaugh to the
position of Executive Vice
President and Chief Financial
Officer.
The
promotion will be effective upon
receipt of any required
regulatory approvals. Cavanaugh
was most recently IGT's Vice
President of Corporate Finance
and Investor
Relations.
"Pat
brings to the table a unique
combination of extensive gaming
industry experience as a
financial executive, familiarity
with Wall Street, and intimate
knowledge of IGT." said TJ
Matthews, IGT's Chairman and
CEO.
"He
has played an integral role in
the financial management of the
Company since the departure of
the previous CFO in 2007, and I
look forward to Pat's future
contributions and leadership in
his new role."
Cavanaugh,
age 48, joined IGT in April 2004.
Prior to joining the Company, he
was Chief Financial Officer and
Treasurer of Acres Gaming,
Incorporated, a slot information
systems company acquired by IGT
in October 2003.
Cavanaugh
also previously served as Chief
Financial Officer and Treasurer
for Oasis Technologies, Inc. and
Casino Data Systems, both of
which were focused on supplying
the gaming industry with
innovative systems
solutions.
Cavanaugh
is a member of the American
Institute of Certified Public
Accountants and the Nevada
Society of Certified Public
Accountants. He began his career
with the international accounting
firm of KPMG where he rose to the
position of Senior Audit Manager.
He holds a B.S. in Business
Administration with an emphasis
in Accounting from Montana State
University.
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