LAS VEGAS, NV – IGT has appointed Adam Chibib as Chief Financial Officer (CFO), effective November 1, 2026, subject to regulatory approvals. Chibib will succeed Fabio Celadon, who will remain CFO through October 31 and then serve as an advisor through December 31, 2026, to support the transition.
Chibib brings more than three decades of financial and operational leadership across public companies, private equity backed businesses, and high-growth technology organizations, contributing to six successful exits. Most recently, he served as CFO of Raptor Technologies, which was acquired by Warburg Pincus in January 2026 following a significant transformation under the ownership of Thoma Bravo and JMI Equity.
His gaming experience includes serving as President and CFO of Multimedia Games, where he helped double revenue, triple profitability, and increase the company’s market capitalization from approximately $47 million to more than $1 billion before its $1.2 billion acquisition. He later served as Chairman of the Board and Chair of the Audit Committee of playAGS through its acquisition in 2025. His earlier experience includes financial leadership roles at Self Financial, NetSpend, and several technology companies.
“Adam brings the public company, private equity, and gaming experience we need for this stage of IGT’s transformation,” said Hector Fernandez, CEO of IGT. “His financial discipline and operating mindset will be important as we sharpen execution and strengthen cash flow creation. I also want to thank Fabio for more than two decades of leadership and commitment to IGT. He has helped guide the company through significant change and has been a trusted partner across the business.”
“IGT has a strong portfolio, leading market positions and a clear opportunity to create value,” said Chibib. “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.”
IGT is undergoing a transformation focused on operating discipline, portfolio performance and cash flow across its Gaming, Digital and FinTech businesses. As CFO, Chibib will lead IGT’s global Finance organization, overseeing financial strategy and capital priorities in support of the company’s long-term objectives.
