Multimedia Games Holding Company, Inc. (Nasdaq: MGAM) (“Multimedia Games” or the “Company”) announced today the appointment of Todd McTavish, 44, as Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary. The appointment, effective January 21, 2013, is subject to the receipt of certain regulatory approvals.
Mr. McTavish has extensive expertise in gaming industry and general corporate legal and regulatory compliance matters, having most recently served as General Counsel at Video Gaming Technologies, Inc., (“VGT”), a manufacturer of games for Class II and emerging gaming markets. In that role, he was responsible for leading the Legal & Compliance Department, supervising in-house attorneys, overseeing the corporate compliance function, and managing regulatory consultants, lobbyists and outside legal counsel. Before being named General Counsel in 2011, Mr. McTavish had served as VGT’s Corporate Legal Counsel since 2008. Prior to joining VGT, Mr. McTavish served as Vice President of Business Development and General Counsel at D1 Sports Holdings, Inc., from 2005 to 2008. He also served in a financial consulting role at PricewaterhouseCoopers LLP and in the tax planning department at PepsiCo, Inc. from 2003 to 2005, and began his career as an Associate in the Corporate, Securities and Finance Department at Cadwalader, Wickersham & Taft LLP, where he served from 1998 to 2003.
Patrick Ramsey, President and Chief Executive Officer of Multimedia Games, commented, “Todd brings to our executive team a broad range of corporate legal experience as well as a deep knowledge of the gaming industry and its unique regulatory and compliance issues. As the Company expands its product portfolio and continues its efforts to secure licenses in new jurisdictions, we are facing an ever changing and increasingly complex legal and regulatory environment. Todd is the ideal person to shape our strategies to address this evolving environment and we are excited to welcome him to our growing, highly dedicated team in Austin.”
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