IGT Reduce Board Size Following Beatrice Bassey’s Resignation

Beatrice H Bassey, an independent director of IGT Plc, has decided to step down from her position as an independent director of the NYSE gambling technology company.

Bassey, the former General Counsel and Compliance Officer of Atlas Mara, an emerging markets private equity firm, joined the IGT board in March 2020, a month before the COVID-19 pandemic erupted and its effects on global business.

Key corporate advisor

Bassey had been identified as a key corporate advisor by IGT, who would provide strategic oversight to the technology company’s leadership on the implementation of its growth strategy and enterprise directives in emerging markets.

Bassey opted not to run for re-election as a corporate officer, resigning from her positions on the governance and appointments committees, IGT reported on Wednesday

Bassey explained that she made the decision because of her “professional commitments” and the “challenges posed by the ongoing COVID-19 pandemic.”

IGT will not fill Bassey’s board seat because the NYSE firm has decided to reduce its board size to ten members, which will be approved following the company’s AGM on May 11th.

Chairman of the Board of Directors of the Company, Lorenzo Pellicioli said: “On behalf of the IGT Board of Directors, I would like to thank Beatrice for her dedicated service and valuable contributions to the Board. We wish her well in her future endeavours.”