IGT downsizes board following departure of Beatrice H Bassey
IGT Plc has informed investors that Beatrice H Bassey has chosen to retire from all duties as an independent director of the NYSE gambling technology group.
The former General Counsel and Compliance Officer of emerging markets private equity fund Atlas Mara, Bassey had joined the IGT board in March 2020, a month prior to the escalation of the COVID-19 pandemic and its subsequent impact on global business.
IGT had earmarked Bassey as a key corporate advisor, providing the technology group’s leadership with strategic oversight regarding the execution of its growth strategy and enterprise directives within emerging markets.
This morning, IGT confirmed that Bassey had chosen to stand down from re-election as a corporate director resigning from her duties on the governance and nominations committees.
Bassey cited that her decision was undertaken due to ‘professional commitments, as well as the challenges posed by the ongoing COVID-19 pandemic’.
IGT will not replace Bassey’s board position, as the NYSE firm has chosen to reduce its board size to ten members, which will be sanctioned following the conclusion of the Company’s AGM on 11 May.
“On behalf of the IGT Board of Directors, I would like to thank Beatrice for her dedicated service and valuable contributions to the Board. We wish her well in her future endeavours,” said Lorenzo Pellicioli, Chairman of the Company’s Board of Directors.
Source: SBC News
