LAS
VEGAS, Jan. 27, 2023 /PRNewswire/ -- PlayAGS,
Inc. (NYSE: AGS or "the Company"), a leading supplier of
high-performing slot, table, and interactive products and services
to the global gaming industry, today announced the Company's Board
of Directors (the "Board") has appointed Mr. Adam Chibib, current Board member and Lead
Independent Director, as Chairman of the Board. Effective
January 27, 2023, Mr. Chibib succeeds
Mr. David Sambur, who recently stepped down from the Board after
serving as Chairman for the past five years and as a member of the
Board since 2013.
"On behalf of my fellow Board members, I would like to thank
David Sambur for his guidance and insights as Chairman of the Board
and for his nine years of leadership at AGS," said AGS President,
Chief Executive Officer, and Board member, David Lopez.
Mr. Lopez added, "We are excited to welcome Adam as our new
Board Chairman. He is an incredibly well-respected leader within
the gaming industry, and his depth of experience has been
invaluable to AGS throughout his years of service. Adam's guidance
and leadership from day one of the Company's initial public
offering has played a critical role in shaping who we are as a
Company today. I look forward to continue working with him in his
new role."
In addressing his recent appointment, Mr. Chibib commented, "I
am extremely honored to serve as AGS' Chairman of the Board. Over
the past five years, I have gained a great deal of respect for my
fellow Board members and the Company's executive leadership team. I
look forward to leveraging my previous experience in gaming and
other industries to help guide AGS to the next level."
About Adam
Chibib
Mr. Chibib has served as a member of the AGS Board since
January 2018. His thirty-plus-year
career has included executive roles at numerous successful
companies ranging from early-stage start-ups to billion-dollar
public companies and has spanned numerous industries including
telecom software, security hardware, consumer financial services,
and gaming. Mr. Chibib is currently the CFO of Self Financial, a
consumer financial company based in Austin, Texas. Prior to Self Financial, Mr.
Chibib was a general partner at Silverton Partners, an early-stage
venture capital firm, and, prior to that, served as President and
Chief Financial Officer (CFO) of Multimedia Games Holding Company,
Inc. ("MGAM"), which was acquired by Global Cash Access, Inc. (now
known as Everi Holdings, Inc. "EVRI"). In addition to holding
several board seats outside of AGS, Mr. Chibib is the Treasurer for
the Austin Film Society and serves on the Nominating Committee for
the Eanes Education Foundation.
About AGS
AGS is a global company focused on creating a diverse mix of
entertaining gaming experiences for every kind of player. Our roots
are firmly planted in the Class II Native American gaming market,
but our customer-centric culture and growth have helped us branch
out to become a leading all-inclusive commercial gaming supplier.
Powered by high-performing Class II and Class III slot products, an
expansive table products portfolio, real-money gaming platforms and
content, highly rated social casino solutions for operators and
players, and best-in-class service, we offer an unmatched value
proposition for our casino partners. Learn more at
www.playags.com.
AGS Media Contacts:
Julia Boguslawski, Chief
Marketing Officer
Jboguslawski@PlayAGS.com
Nikki Davis, Director, Marketing
& Communications
Ndavis@PlayAGS.com
AGS Investor Contact:
Brad Boyer, Senior Vice President
of Investor Relations & Corporate Operations
Investors@PlayAGS.com
©2023 AGS LLC. All® notices signify marks registered in
the United States. All ™ and ℠
notices signify trademarks, which are not registered on any
country-wide basis. Products referenced herein are sold by AGS LLC
or other subsidiaries of PlayAGS, Inc.
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SOURCE AGS