Derik Mooberry to become EVP for Strategic Projects


LAS VEGAS, May 15, 2018 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that Doug Albregts will join the company as the EVP and Group CEO of the Gaming Division.

Doug Albregts joins Scientific Games from Sharp Electronics Corporation of America, where he held numerous senior executive level positions. Albregts served as President, CEO of Sharp Imaging and Information Company of America, as well as President, CEO and Chairman of Sharp Electronics America, where he was responsible for the overall leadership of the Americas $6 billion operating unit consisting of consumer products, home appliances, display devices, energy storage and business/office products, and managing an organization of over 2,000 employees. Albregts has also held executive management roles focused on enterprise growth in multinational digital technology companies such as American Express, NEC and Samsung.

As Group Chief Executive Officer (CEO) of the Gaming Division, Albregts will oversee Scientific Games' product development, production, supply chain and sales of the Company's Gaming products, systems and services. Albregts will replace Derik Mooberry, who will stay with the Company as EVP for Strategic Projects.

"Given Scientific Games' diverse range of industry leading products and services, we are very excited that we will be bringing Doug's deep experience managing a wide range of high-tech businesses and driving innovation across product lines to lead the gaming division. Doug's proven success at top-notch global technology companies will help us lead the industry in innovation and enable us to execute our growth strategies. I also want to acknowledge Derik Mooberry for his service and leadership at our company and within our industry. We're looking forward to continuing to work with him," said Barry Cottle, CEO, SG Interactive and incoming company CEO.

"I am excited to join Scientific Games as Barry Cottle becomes the new CEO and all SG is poised to continue to lead the industry. My passion for driving innovation, promoting operational excellence and executive leadership skills, and experience developing cutting-edge commercial technology will enable me to hit the ground running, executing our growth strategies and continuing our momentum as a Company. I look forward to meeting our customers, understanding players' needs, expanding in new and growing markets and driving growth for our customers and shareholders," said Doug Albregts.