Accel Entertainment has announced that Chief Financial Officer Mathew Ellis is resigning on May 9.
Accel President, U.S. Gaming, Mark Phelan has been appointed as acting Chief Financial Officer, while the company searches for a permanent CFO.
“On behalf of our employees, executive management, and the board of directors, I would like to thank Mat for his commitment and contributions to Accel since he first joined us in 2015,” Accel CEO Andy Rubenstein said in a statement. “We wish Mat the best of luck in his future endeavors.
“I am pleased that Mark can step in seamlessly, on an interim basis, as our Chief Financial Officer. With Mark’s experience in finance and financial markets and his deep understanding of Accel’s business, combined with our finance and accounting teams’ deep bench of talent, we expect it to be business as usual. We are beginning the search for a permanent CFO and are focused on identifying a leader who can help us further accelerate growth, spark innovation, and shape a bright future for Accel.”
Ellis said he is gratified to serve as Accel’s CEO for the past three years.
“I am grateful for the opportunity to have led the outstanding finance, IT, and cash operations teams at Accel and am confident that they will continue to manage their respective functions with precision and commitment,” Ellis said. “I am excited about the plans Accel has for the future and wish the entire team nothing but success.”
