AGS Appoints Trade Veteran and Lead Impartial Director Adam Chibib as Chairman of the Board
LAS VEGAS, Jan. 27, 2023 /PRNewswire/ — PlayAGS, Inc. (NYSE: AGS or “the Firm”), a number one provider of high-performing slot, desk, and interactive services and products to the worldwide gaming trade, right this moment introduced the Firm’s Board of Administrators (the “Board”) has appointed Mr. Adam Chibib, present Board member and Lead Impartial Director, as Chairman of the Board. Efficient January 27, 2023, Mr. Chibib succeeds Mr. David Sambur, who not too long ago stepped down from the Board after serving as Chairman for the previous 5 years and as a member of the Board since 2013.
“On behalf of my fellow Board members, I wish to thank David Sambur for his steering and insights as Chairman of the Board and for his 9 years of management at AGS,” mentioned AGS President, Chief Govt Officer, and Board member, David Lopez.
Mr. Lopez added, “We’re excited to welcome Adam as our new Board Chairman. He’s an extremely well-respected chief inside the gaming trade, and his depth of expertise has been invaluable to AGS all through his years of service. Adam’s steering and management from day one of many Firm’s preliminary public providing has performed a essential function in shaping who we’re as a Firm right this moment. I stay up for proceed working with him in his new function.”
In addressing his current appointment, Mr. Chibib commented, “I’m extraordinarily honored to function AGS’ Chairman of the Board. Over the previous 5 years, I’ve gained quite a lot of respect for my fellow Board members and the Firm’s govt management crew. I stay up for leveraging my earlier expertise in gaming and different industries to assist information AGS to the subsequent degree.”
About Adam Chibib
Mr. Chibib has served as a member of the AGS Board since January 2018. His thirty-plus-year profession has included govt roles at quite a few profitable corporations starting from early-stage start-ups to billion-dollar public corporations and has spanned quite a few industries together with telecom software program, safety {hardware}, shopper monetary companies, and gaming. Mr. Chibib is at present the CFO of Self Monetary, a shopper monetary firm based mostly in Austin, Texas. Previous to Self Monetary, Mr. Chibib was a normal associate at Silverton Companions, an early-stage enterprise capital agency, and, previous to that, served as President and Chief Monetary Officer (CFO) of Multimedia Video games Holding Firm, Inc. (“MGAM”), which was acquired by International Money Entry, Inc. (now generally known as Everi Holdings, Inc. “EVRI”). Along with holding a number of board seats exterior of AGS, Mr. Chibib is the Treasurer for the Austin Movie Society and serves on the Nominating Committee for the Eanes Schooling Basis.
About AGS
AGS is a world firm centered on creating a various mixture of entertaining gaming experiences for each form of participant. Our roots are firmly planted within the Class II Native American gaming market, however our customer-centric tradition and development have helped us department out to turn out to be a number one all-inclusive business gaming provider. Powered by high-performing Class II and Class III slot merchandise, an expansive desk merchandise portfolio, real-money gaming platforms and content material, extremely rated social on line casino options for operators and gamers, and best-in-class service, we provide an unmatched worth proposition for our on line casino companions. Study extra at www.playags.com.
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