International Game Technology today announced that its CEO of Global Lottery, Fabio Cairoli, has suddenly passed away. The company released this statement:
“IGT announced today with great sadness that Fabio Cairoli, IGT CEO of Global Lottery, has suddenly passed away. Fabio was an outstanding executive. He was distinguished by his passion, drive, sincerity, and commitment to results and innovation. His leadership of the Global Lottery Sales and Operations, Italy Lottery Operations, Global Lottery Product and Sales Development, and Global Lottery Technology and Support functions was unparalleled. While these operations remain in very capable and experienced hands, we recognize that many in the lottery industry also held personal relationships with Fabio, and that he was a greatly respected friend within and beyond the industry,” said Marco Sala, IGT Executive Chair. “At this time, IGT extends its deepest condolences to Fabio Cairoli’s family, as we dedicate our efforts to supporting their needs during this difficult time.”
Prior to his role as CEO Global Lottery, Fabio served as Chief Executive Officer, Italy, where he was responsible for managing all business lines, marketing services, and sales for the Company’s Italian operations. He joined the Company’s predecessor, Lottomatica Group S.p.A., in 2012 as Senior Vice President of Business.