Edition:
India

Everi Holdings Inc (EVRI.N)

EVRI.N on New York Stock Exchange

6.94USD
7 Aug 2020
Change (% chg)

$0.01 (+0.14%)
Prev Close
$6.93
Open
$6.82
Day's High
$7.03
Day's Low
$6.74
Volume
335,692
Avg. Vol
552,753
52-wk High
$14.87
52-wk Low
$1.55

Summary

Name Age Since Current Position

Edwin Kilburn

57 2008 Independent Chairman of the Board

Randy Taylor

57 2020 President, Chief Operating Officer

Michael Rumbolz

66 2020 Chief Executive Officer, Director

Mark Labay

48 2020 Chief Financial Officer, Executive Vice President, Treasurer

Harper Ko

46 2018 Executive Vice President, Chief Legal Officer, General Counsel and Corporate Secretary

David Lucchese

61 2020 Executive Vice President of Sales, Marketing, Digital

Dean Ehrlich

50 2017 Executive Vice President , Games Business Leader

Darren Simmons

51 2019 Executive Vice President and FinTech Business Leader

Todd Valli

45 2015 Senior Vice President, Chief Accounting Officer

Atul Bali

48 2019 Independent Director

Ronald Congemi

73 2013 Independent Director

Linster Fox

71 2016 Independent Director

Geoffrey Judge

66 2006 Independent Director

Maureen Mullarkey

60 2018 Independent Director

Eileen Raney

71 2016 Independent Director

Richard Land

IR Contact Officer

Biographies

Name Description

Edwin Kilburn

Mr. Edwin Miles Kilburn serves as Independent Chairman of the Board of the Company. Mr. Kilburn has served as a member of the Board since March 2005 and currently serves as Chairman of the Board. Mr. Kilburn is the co-founder and a partner of Mosaik Partners, LLC, a venture capital firm focused on commerce enabling technology. He has been a private investor focused on the electronic payments sector since June 2004 and serves as a director of a number of privately held companies. Prior to that, Mr. Kilburn was Executive Vice President and Chief Strategy Officer of Concord EFS, Inc., a payment and network services company (which was acquired by First Data Corporation in February 2004), from 2003 to 2004, and Senior Vice President of Business Strategy and Corporate Development from 2001 to 2003. He served as Chief Executive Officer of Primary Payment Systems, Inc. (now Early Warning Services, LLC), a subsidiary of Concord EFS, Inc., from 2002 to 2003, and Chief Financial Officer from 1997 to 1999. From 1995 to 2001, Mr. Kilburn served in various roles at Star Systems, Inc., ultimately as Group Executive Vice President and Chief Financial Officer. The Board believes Mr. Kilburn is qualified to serve as a member on our Board due to his management and investment experience in the financial technology and payments industry, as well as his status as an “audit committee financial expert.”

Randy Taylor

Mr. Randy L. Taylor serves as President, Chief Operating Officer of the Company. Mr. Taylor will assume primary oversight of the Company's day-to-day execution of ongoing operational performance targets and the Company's efforts to drive continuous improvement across its operations. Mr. Taylor will help guide the enterprise-wide execution of Everi's growth-focused strategies and will further foster success-oriented accountability across the Company. He most recently served as the Company's Executive Vice President and Chief Financial Officer since March 2014, and previously served as Senior Vice President, Corporate Controller. Prior to joining Everi in 2011, Mr. Taylor served as Chief Financial Officer and Principal Financial Accounting Officer of Citadel Broadcasting Corporation, having advanced through various finance and accounting roles during a 10-year tenure at Citadel. Previous responsibilities also included significant casino gaming and supplier experience, having served at Aladdin Gaming, LLC, Showboat, Inc., and Bally Technologies, Inc. Mr. Taylor holds a Bachelor of Science in Accounting degree from the University of Denver.

Michael Rumbolz

Mr. Michael David Rumbolz serves as Chief Executive Officer, Director of the Company. From August 2008 to August 2010, Michael D. Rumbolz has served as our President and Chief Executive Officer since May 2016, having previously served as our Interim President and Chief Executive Officer since February 2016, and as a member of the Board since August 2010. From August 2008 to August 2010, Mr. Rumbolz served as a consultant to the Company advising the Company upon various strategic, product development and customer relations matters. Mr. Rumbolz served as the Chairman and Chief Executive Officer of Cash Systems, Inc., a provider of cash access services to the gaming industry, from January 2005 until August 2008 when the Company acquired Cash Systems, Inc. Mr. Rumbolz also has provided various consulting services and held various public and private sector employment positions in the gaming industry, including serving as Member and Chairman of the Nevada Gaming Control Board from January 1985 to December 1988. Mr. Rumbolz is a Director of Seminole Hard Rock Entertainment, LLC. Mr. Rumbolz is also the former Vice Chairman of the Board of Casino Data Systems, was the President and Chief Executive Officer of Anchor Gaming, was the Director of Development for Circus Circus Enterprises (later Mandalay Bay Group) and was the President of Casino Windsor at the time of its opening in Windsor, Ontario. In addition, Mr. Rumbolz is the former Chief Deputy Attorney General of the State of Nevada.

Mark Labay

Mr. Mark F. Labay serves as Chief Financial Officer, Executive Vice President, Treasurer of the Company. Mr. Labay has been with Everi for more than 17 years, most recently serving under Mr. Taylor as Senior Vice President, Finance and Investor Relations since April 2014. As Chief Financial Officer, Mr. Labay will be responsible for the Company's financial, accounting, treasury, and investor relations functions, and will implement financial strategies that support Everi's growth initiatives. During his time at Everi, he has progressed through a number of the Company's finance, accounting, operational and strategic development functions, and has served as Senior Vice President and General Manager Core Cash Access Services and Senior Vice President Finance and Controller. Prior to joining Everi, Mr. Labay was Controller of El Portal Group and had been with Deloitte & Touche. He holds a Masters Degree in Accounting from the University of Florida.

Harper Ko

Ms. Harper H. Ko serves as Executive Vice President, Chief Legal Officer, General Counsel and Corporate Secretary of the Company. Ms. Kohas served as our Executive Vice President, Chief Legal Officer, General Counsel and Corporate Secretary since January 2018. Prior to joining the Company, Ms. Ko served as Deputy General Counsel, Gaming for Scientific Games Corporation, a leading gaming and lottery equipment and services supplier. From November 2007 to November 2014, Ms. Ko served as Assistant General Counsel for Bally Gaming, Inc., joining Scientific Games following its acquisition of Bally Gaming, Inc. Ms. Ko also served as a Contract Attorney with Harrah’s Operating Company and as Associate Corporate Counsel for Aristocrat Technologies, Inc.

David Lucchese

Mr. David J. Lucchese serves as Executive Vice President of Sales, Marketing, Digital of the Company. Mr. Lucchese will be responsible for Everi's global sales and customer-experience efforts, as well as continuing to guide the growth of the Company's Digital operations. Mr. Lucchese has extensive experience in the gaming industry and has held several executive leadership roles at Everi since joining the Company in April 2010. Most recently, he has served since January 2017 as Executive Vice President, Digital and Interactive Business Leader, while retaining oversight for the relationship of strategic corporate accounts in the FinTech business. He also served as Executive Vice President, Games and as Executive Vice President of Client Services. Mr. Lucchese's first role at Everi was Executive Vice President of Sales, a role he held for nearly four years. Before joining the Company, he served for nearly 25 years in sales positions at Bally Technologies, Inc., Aristocrat Technologies, Inc., and Casino Data Systems. He holds a Bachelor of Science degree in Marketing and Management from Indiana University.

Dean Ehrlich

Mr. Dean A. Ehrlich serves as Executive Vice President , Games Business Leader of the Company. Ehrlich has served as our Executive Vice President, Games Business Leader since January 2017, having previously served as an Executive Consultant to the Company since August 2016. Prior to joining the Company, Mr. Ehrlich served in various senior executive positions with WMS Industries Inc. during the past several years from May 2003 through July 2015, which was acquired by Scientific Games Corporation in late 2013, including as Senior Vice President Global Gaming Operations. Mr. Ehrlich spent several years at Anchor Gaming from October 1994 until May 2003, which was acquired by International Game Technology in late 2001, serving in multiple leadership roles with the most recent as General Manager for its Proprietary Games division.

Darren Simmons

Mr. Darren D.A. Simmons serves as Executive Vice President and FinTech Business Leader of the Company. He has nearly 20 years of experience in the Financial Services and Technology industry, with the last 12 years focused on the Gaming industry in a variety of senior management roles at Everi. He has unparalleled expertise in managing and developing Everi's FinTech products, including developing and directing the Company's successful implementation of Europay, Mastercard and Visa (EMV)-chip signature for ATM devices, and other strategic product developments for Everi customers worldwide.

Todd Valli

Mr. Todd A. Valli serves as Senior Vice President, Chief Accounting Officer of the Company. Mr. Valli has served as our Senior Vice President and Chief Accounting Officer since September 2015. Preceding this appointment, Mr. Valli served as Vice President of Corporate Finance and Investor Relations for the Company, among other responsibilities since September 2011.

Atul Bali

Mr. Atul Bali serves as Independent Director of the Company. Mr. Bali will be compensated for his Board service consistent with the compensation arrangements provided to the Board’s other independent, non-management directors. Under the Company’s non-management director compensation program adopted by the Compensation Committee of the Board on March 7, 2018, each independent, non-management director receives an annual grant of restricted stock units valued at $130,000, with the number of units granted determined by dividing $130,000 by the closing price of the Company’s common stock as of the date of grant (to be pro-rated for any partial year of service). The units will vest over three years in equal, annual installments and will be settled on a deferred basis on the earliest to occur of (i) ten years following the date of grant, (ii) a director’s death, (iii) the occurrence of a Change in Control (as defined in the Everi Holdings Inc. 2014 Equity Incentive Plan, as amended), provided the transaction also constitutes a “change in control event” as defined in Treasury Regulation 1.409A- 3(i)(5)(v) or (vii), or, (iv) the date that is six (6) months following a director’s “separation from service” (as defined in the Income Tax Regulations under Code Section 409A). In general, a “separation from service” will occur when a director ceases to serve as a member of the Board for any reason not covered by clauses (ii) and (iii) above, unless the director continues to provide consulting services to the Company. At the time of a deferred settlement, one share of the Company’s common stock will be issued for each vested restricted stock unit. Mr. Bali will also receive an annual fee of $75,000 for serving on the Board and an additional annual fee of $12,500, $10,000 and $9,375 for serving on the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance.

Ronald Congemi

Mr. Ronald V. Congemi serves as Independent Director of the Company. Mr. Congemi Ronald V. Congemi has served as a member of the Board since February 2013. Mr. Congemi is an active member of the Philadelphia Federal Reserve’s Payments Advisor Council and has served as a member of the Board of Directors of Clearent LLC, a merchant processing company, and as a consultant to the Acxsys Corporation of Canada, the operating arm of the Interac debit network of Canada. He was also a paid advisor to the Gerson Lehrman Group, a global advisory firm. Mr. Congemi previously served as the Chief Executive Officer of First Data’s Debit Services Group from 2004 until his retirement at the end of 2008. Mr. Congemi also served as Senior Vice President of Concord EFS, Inc., a payment and network services company (which was acquired by First Data Corporation in February 2004), and Concord’s Network Services Group. Mr. Congemi founded Star Systems, Inc., an ATM and Personal Identification Number, or PIN, debit network in the United States, and served as its President and Chief Executive Officer from 1984 to 2008.

Linster Fox

Mr. Linster W. Fox CPA serves as Independent Director of the Company. Mr. Fox served as Executive Vice President, Chief Financial Officer and Secretary of SHFL Entertainment, Inc., from 2009 up until the company’s sale to Bally Technologies, Inc. in November 2013. Most recently, he has served as a member of the Board since May 2016. Mr. Fox served as Executive Vice President, Chief Financial Officer and Secretary of SHFL Entertainment, Inc., a global gaming supplier, from 2009 up until the company’s acquisition by Bally Technologies, Inc. in November 2013. He has also served on the Executive Advisory Board of the Lee Business School at the University of Nevada-Las Vegas from 2015 to 2016, served as interim Chief Financial Officer of Vincotech in 2009 and as Executive Vice President, Chief Financial Officer and Secretary of Cherokee International Corp. from 2005 to 2009. He has also served in a variety of executive roles over the course of 18 years at Anacomp, Inc., including Executive Vice President and Chief Financial Officer and as a member of the company’s Board of Directors. He began his career as an accountant at PriceWaterhouseCoopers LLC, is a Certified Public Accountant and has a B.S.B.A. from Georgetown University in Washington, D.C.

Geoffrey Judge

Mr. Geoffrey P. Judge serves as Independent Director of the Company. Since 2010, Mr. Judge has served as a member of the Board since September 2006. Mr. Judge was a Venture Partner at iNovia Capital, a manager of early stage venture capital funds, from 2010 to 2017. He has been an active private equity investor since 2002. From 2003 to 2005, he was an investor in and the Chief Operating Officer of Preclick, a digital photography software firm. In 2002, he was the Chief Operating Officer of Media Solution Services, Inc., a provider of credit card billing insert media. From 1997 to 2002, Mr. Judge was a co-founder and Senior Vice President and General Manager of the media division of 24/7 Real Media. From 1995 to 1997, he was a Vice President of Marketing for iMarket, Inc., a software company. From 1985 to 1994, Mr. Judge was a Vice President and General Manager in the credit card division of American Express.

Maureen Mullarkey

Ms. Maureen T. Mullarkey serves as Independent Director of the Company. She has served as a member of the Board since March 2018. Ms. Mullarkey retired in 2007 as Executive Vice President and Chief Financial Officer of International Game Technology (currently known as International Game Technology PLC), a leading supplier of gaming equipment and technology, a position Ms. Mullarkey held from 1998 to 2007 and, where she served in a variety of financial and executive management positions in her 18 years with the company. Ms. Mullarkey has served since 2014 as a director of PNM Resources, Inc., a holding company with two regulated utilities providing electricity and electric services in the State of New Mexico and Texas. Ms. Mullarkey previously served as a director of NV Energy, Inc. from 2008 to 2013 until the company was sold to Mid-American Energy Holdings Company, a subsidiary of Berkshire Hathaway, Inc. Ms. Mullarkey served as Entrepreneur in Residence with The Nevada Institute of Renewable Energy Commercialization from 2009 to 2011. Ms. Mullarkey has a B.S. from the University of Texas and an M.B.A. from the University of Nevada.

Eileen Raney

Ms. Eileen F. Raney serves as Independent Director of the Company. She has served as a member of the Board since February 2016. Ms. Raney was the Vice Chair of the Board of Governors and Chair of the Audit and Finance Committee of the University Medical Center of Southern Nevada from 2014 to 2017, and during her tenure served as a member and Chair of the Audit and Finance Committee and the Strategy Committee. She has been a member of the Advisory Board for the UNLV Libraries since 2010 and served as a member of the Board of Directors and the Board’s Finance Committee at the Nevada Health Centers, a federally qualified health center in Nevada, from 2013 to 2015. From January 2011 to November 2013, Ms. Raney served as a member of the Board and a member of the Audit, Compensation and Governance Committees of the Board of SHFL entertainment, Inc., a global gaming supplier that was acquired by Bally Technologies, Inc. in November 2013. From 1988 to 2007, Ms. Raney held numerous positions with Deloitte & Touche USA, LLP, where she was hired as a Director in 1988 and made Principal in 1990. Her last position prior to retirement was National Managing Principal, Research & Development and Member, Deloitte & Touche USA Executive Committee from 2003 to 2007. She was a member of the Deloitte Board of Directors from 2000 to 2003 while serving as the Human Capital E-Business Leader. She also held the positions of Global Leader, Integrated Health Group from 1996 to 2000; and Western Regional Leader and National Co-Leader, Integrated Health Group from 1988 to 1996.

Richard Land

Basic Compensation

Name Fiscal Year Total

Edwin Kilburn

336,879

Randy Taylor

2,164,220

Michael Rumbolz

5,158,220

Mark Labay

--

Harper Ko

953,916

David Lucchese

1,316,500

Dean Ehrlich

1,247,660

Darren Simmons

1,184,400

Todd Valli

--

Atul Bali

93,647

Ronald Congemi

236,876

Linster Fox

249,376

Geoffrey Judge

246,876

Maureen Mullarkey

236,876

Eileen Raney

242,501

Richard Land

--
As Of  31 Dec 2019