Gaming equipment provider AGS named board member Adam Chibib as chairman. Chibib, who has been a board member of the Las Vegas-based company for five years, was formerly CFO of Multimedia Games, which is now part of Everi Holdings.
Chibib replaces Apollo Global Management Partner and Co-Head of Private Equity David Sambur, who stepped down after the firm sold its 22 percent stake in AGS last year. Sambur had been on the board since 2013.
Outside of AGS, Chibib is CFO of Self Financial, a consumer finance company based in Austin, Texas. He was previously a general partner at venture capital firm Silverton Partners.
AGS CEO David Lopez said Chibib is a well-respected leader within the gaming industry.
“His depth of experience has been invaluable to AGS throughout his years of service,” Lopez said. “Adam’s guidance and leadership from day one of the company’s initial public offering has played a critical role in shaping who we are as a company today.”
