Gtech announces resignation of Jaymin B. Patel, President and Ceo of Gtech Americas

In making the announcement, Gtech S.p.A. Chief Executive Officer Marco Sala said, “Jaymin Patel has shaped, defined, and embodied the core values of our Company. His tireless work ethic and boundless intellectual curiosity, underscored by his integrity and humility, made him a natural leader for our Company and industry. Among his legacy of achievements at Gtech, perhaps the foremost is his demand for a ‘Customer First’ approach to everything we do.”

Mr. Sala continued, “I have always relied on Jaymin’s insights and guidance. It is clear to me that one of the primary reasons Gtech is the leader in the global gaming industry today is because of his contributions. I fully expect him to have continued success in his new career, and on behalf of all our employees, wish him the very best.”

Commenting on Jaymin Patel’s tenure as a member of the Gtech Board of Directors, appointed from the list submitted by majority shareholder De Agostini S.p.A., Gtech S.p.A. Chairman Lorenzo Pellicioli said, “When Lottomatica acquired Gtech in 2006, it was obvious to us that Jaymin Patel would be a key element of our future success. As a member of the Board of Directors of the combined companies that ultimately became Gtech S.p.A., Jaymin’s knowledge of finance and operations, as well as his common-sense approach, helped to drive shareholder value. His service was, and will always be, deeply appreciated.”

Jaymin Patel commented, “Gtech is a great company because of its people – their passion and commitment to putting the customer first. It has been a great privilege to serve as a member of Gtech's leadership team, working toward a shared vision of helping lotteries and gaming customers around the world raise funds for good causes. I am grateful to Marco Sala, our shareholders, customers, and business partners for the extraordinary opportunities afforded to me, and for the meaningful relationships we have built together. There are more tangible and significant opportunities ahead of Gtech today than ever before. Whilst I have chosen to pursue a new path, I will remain a proud Gtech shareholder and I am confident that even greater accomplishments are yet to come for the Company, and I am excited for its future."

As President and Ceo of Gtech Americas, Jaymin was responsible for the management and strategic development of the Americas region as well as overseeing new opportunities in the lottery management services model, and leading Gtech’s global printing business. Jaymin joined Gtech in 1994 and has been instrumental in the Company's business development initiatives and global operations. Between 2008 and 2013, he was President and Chief Executive Officer of Gtech’s global lottery operations. Prior to that, he held several key leadership positions at the Company including Gtech President and Chief Operating Officer and Senior Vice President and Chief Financial Officer when Gtech was a listed New York Stock Exchange company.
As of today, Jaymin holds 193,070 Gtech shares representing approximately 0.1% of Gtech’s share capital.