IGT has appointed Adam Chibib as its new Chief Financial Officer, effective November 1, 2026, pending regulatory approvals. He succeeds Fabio Celadon, who will continue as CFO until October 31 and then act as an adviser for the remainder of 2026 to facilitate the transition.
Chibib brings over 30 years of experience in finance and operations, with a track record that includes significant roles in public companies and high-growth technology firms. He has a strong history in the gaming sector, highlighted by his previous position as President and CFO of Multimedia Games, where he played a key role in doubling revenue and tripling profitability, ultimately leading to a market cap rise from $47 million to over $1 billion.
Most recently, he served as CFO of Raptor Technologies before its acquisition by Warburg Pincus. He has also held financial roles at Self Financial and NetSpend. At IGT, Chibib will lead the Finance organization and focus on enhancing financial strategy and capital allocation as part of the company’s transformation across Gaming, Digital, and FinTech sectors.
Key Quotes:
- Hector Fernandez, CEO of IGT: “His financial discipline and operating mindset will be important as we sharpen execution and strengthen cash flow creation.”
- Adam Chibib, Incoming CFO of IGT: “I look forward to working with Hector, the leadership team, and the Finance organization to strengthen financial and operating discipline, align capital with our highest priorities, and build a durable foundation for growth.”
