This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Scientific Games Promotes Scott Schweinfurth To Executive Vice President And Chief Financial Officer

NEW YORK and CHICAGO, April 3, 2014 /PRNewswire/ --  Scientific Games Corporation (Nasdaq: SGMS) ("Scientific Games" or the "Company"), a leading diversified supplier of innovative content and technology to the gaming and lottery industries, announced today that Scott D. Schweinfurth has been promoted to Executive Vice President and Chief Financial Officer of the Company. He replaces Jeffrey S. Lipkin, who will help facilitate a seamless transition. Mr. Schweinfurth will continue to be based in the Chicago area.

"As we move forward in implementing our integration plans, we are firmly committed to continue to achieve organization efficiencies and cost reductions, and to improve our performance and cash flow," said David L. Kennedy, President and Chief Executive Officer. "Scott will provide strong financial and strategic leadership as we focus on optimizing our ongoing cost structure and improving efficiencies in our business and financial processes; and he will continue to lead our integration efforts. I believe we have the right people in the right positions to deliver the significant opportunities created by the combination of WMS with Scientific Games." 

During his 13 years as WMS' Executive Vice President, Chief Financial Officer and Treasurer, Mr. Schweinfurth was an effective leader and collaborator who drove meaningful improved performance as WMS' revenue grew more than threefold and its market capitalization increased more than sixfold from 2000. From 1995 until joining WMS in 2000, he served as Senior Vice President, Chief Financial Officer and Treasurer of Bally Technologies. Previously, he had been at Ernst & Young for 18 years, serving the last six years as an audit partner. Mr. Schweinfurth, a registered certified public accountant, was recognized for his financial leadership by being named a Best CFO in the Gaming and Lodging industry by Institutional Investor Magazine from 2009 to 2011.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs