IGT announces sudden passing of global lottery CEO
Supplier giant confirms passing of industry stalwart and lottery figurehead Fabio Cairoli
IGT global lottery CEO Fabio Cairoli has suddenly passed away, the supplier confirmed today.
Cairoli had served as the head of IGT’s global lottery arm since July 2020.
Prior to shifting to the global lottery division, Cairoli served as CEO of Italy, responsible for managing all business lines, marketing services and sales for the company’s Italian operations.
He originally joined Lottomatica as SVP of business in 2012 before IGT acquired the company.
Before joining the industry, Cairoli spent time as general manager of Bialetti Group and of Italian food processing company STAR Alimentare.
His career also included stints at Julius Meinl, Motorola and Kraft Foods.
Marco Sala, IGT exec chair, shared his condolences in a statement.
Sala said: “IGT announced today with great sadness that Fabio Cairoli, IGT CEO of global lottery, has suddenly passed away. Fabio was an outstanding executive.
“He was distinguished by his passion, drive, sincerity and commitment to results and innovation. His leadership of the global lottery sales and operations, Italy lottery operations, global lottery product and sales development and global lottery technology and support functions was unparalleled.
“While these operations remain in very capable and experienced hands, we recognise that many in the lottery industry also held personal relationships with Fabio, and that he was a greatly respected friend within and beyond the industry.
“At this time, IGT extends its deepest condolences to Fabio Cairoli’s family, as we dedicate our efforts to supporting their needs during this difficult time.”