IGT Appoints Hector Fernandez as New CEO to Drive Growth and Innovation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
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Should l Buy ?
Source: PRnewswire
- Leadership Change: IGT has officially appointed Hector Fernandez as the new CEO, who previously served as CEO of a global competitor, bringing a wealth of experience in driving market share and revenue growth to guide IGT's strategic direction.
- Team Integration: Fernandez will lead the integration of the IGT and Everi teams, aiming to accelerate product and content innovation by leveraging the strengths of both organizations, thereby enhancing customer service quality and market competitiveness.
- Cultural Development: Fernandez emphasizes fostering a high-performing, people-first culture, with Apollo partner Daniel Cohen stating that his leadership will make IGT more competitive in the industry and strengthen partnerships with customers.
- Transition Management: Former CEO Nick Khin will transition to a strategic advisor role, with Fernandez expressing gratitude for Khin's contributions over the past 12 years, ensuring stability and continued growth during this transition period.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
