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News

After Year in Waiting, Hector Fernandez Steps Up as IGT’s New CEO

By Matthias Binder March 6, 2026
Meet the new CEO of one of Las Vegas’ best known companies
Meet the new CEO of one of Las Vegas’ best known companies (Featured Image)
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Meet the new CEO of one of Las Vegas’ best known companies

Contents
From Rival Executive to IGT LeaderBackdrop of a Transformative MergerA Career Built on Growth and InnovationSmooth Leadership Handover

From Rival Executive to IGT Leader (Image Credits: Pexels)

Las Vegas – Hector Fernandez officially assumed the role of chief executive at IGT on December 3, 2025, marking a pivotal leadership shift for the gaming industry powerhouse.[1][2]

From Rival Executive to IGT Leader

A former CEO at Aristocrat Gaming, one of IGT’s global competitors, Fernandez arrived with immediate credibility. He spent the prior year sidelined by a non-compete clause after departing Aristocrat in late 2024. That period allowed him to prepare for the demands of steering IGT through its post-merger phase. Industry observers noted his timely entry aligned perfectly with regulatory clearances.[3]

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Based at IGT’s global headquarters in Las Vegas, Fernandez quickly emphasized collaboration. “I’m honored and excited to lead IGT into its next chapter,” he stated. “This is a company with strong talent, deep industry relationships, and significant potential.”[1]

Backdrop of a Transformative Merger

IGT emerged from the combination of International Game Technology PLC’s Gaming and Digital business with Everi Holdings Inc., backed by Apollo Global Management funds. The deal, announced earlier, created a diversified provider of gaming machines, content, systems, iGaming, sports betting, and fintech solutions. Fernandez took the helm as the integration gained momentum.[2][3]

Regulatory approvals paved the way for his full oversight of the Gaming business unit. The Digital unit remains under Gil Rotem, while Darren Simmons continues leading FinTech. This structure positions IGT to deliver integrated experiences across land-based and online channels worldwide.

A Career Built on Growth and Innovation

Fernandez’s path in gaming began at Aristocrat, where he served as CEO of its global land-based operations across more than 300 jurisdictions. He previously held roles as President of the Americas and EMEA, and CFO for the Americas. Those positions honed his skills in market expansion and profitability.[3]

Before entering the sector, he advanced through finance and strategy at Western Digital, Amgen, Procter & Gamble, and Deloitte as a senior auditor. A certified public accountant, Fernandez holds an MBA in finance and marketing from USC’s Marshall School of Business, plus a B.A. from Claremont McKenna College.[3]

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  • CEO, Aristocrat Gaming: Drove market share gains and revenue growth.
  • President Americas/EMEA, Aristocrat: Oversaw major operations.
  • CFO Americas, Aristocrat: Managed financial strategy.
  • Strategy roles at Western Digital and biotech firm Amgen.
  • Early career at Deloitte and Procter & Gamble.

Smooth Leadership Handover

Nick Khin, who had served as interim enterprise CEO and Gaming unit head, transitioned to a strategic advisor role. Fernandez praised his predecessor’s 12-year tenure. “Nick has contributed greatly to IGT’s progress,” Fernandez said. “His leadership through this transition period has been invaluable.”[1]

Daniel Cohen, Apollo Partner and IGT Board Chair, endorsed the change. He highlighted Fernandez’s fit for accelerating growth and innovation. The board anticipates a “people-first culture” under the new leadership.[2]

Business Unit Leader
Gaming Hector Fernandez (oversight)
Digital Gil Rotem
FinTech Darren Simmons

Key Takeaways

  • Fernandez unites legacy IGT and Everi teams for enhanced innovation.
  • His Aristocrat experience promises stronger market positioning.
  • Focus on customer-centric solutions across gaming channels.

IGT stands at a crossroads with Fernandez at the wheel, ready to blend proven strategies with fresh momentum. As the company eyes global expansion, its Las Vegas roots anchor ambitious goals. What do you think of this leadership shift? Tell us in the comments.

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