Scientific Games has announced a significant reorganization of its legal and public policy teams. This restructuring effort involves consolidating these functions into a newly formed department called Global Legal and Public Policy. Led by the seasoned professional James D Schultz, who assumes the role of EVP, Global Legal and Public Policy, this move underscores Scientific Games’ commitment to optimizing its resources and bolstering its legal capabilities.
Key Leadership Appointments
James D Schultz: EVP, Global Legal and Public Policy
With an illustrious career spanning various government roles, including General Counsel to the Governor of Pennsylvania and Senior Associate Counsel in the Office of White House Counsel, James D Schultz brings a wealth of experience and expertise to his new role. His extensive knowledge of state and federal government operations will undoubtedly provide invaluable strategic support to Scientific Games as it continues to pursue growth opportunities on a global scale.
Phil Bauer: General Counsel and Corporate Secretary
Phil Bauer, a veteran with 25 years of experience at Scientific Games, has been promoted to the position of General Counsel and Corporate Secretary. His long-standing tenure with the company, coupled with his profound understanding of legal intricacies within the industry, makes him the ideal candidate to steer the legal affairs of Scientific Games forward.
Christine Wechsler: SVP of Legislation and Litigation
Formerly serving as SVP of Public Policy and Government Relations, Christine Wechsler will now expand her role to become the SVP of Legislation and Litigation. In this capacity, she will assume broader legal responsibilities within the company, further fortifying its legal framework and ensuring compliance with regulatory standards.
Succession Planning and Organizational Alignment
The reorganization comes on the heels of Dena Rosenzweig’s retirement as Chief Legal Officer (CLO), effective 31 March. During her tenure at Scientific Games since 2017, Rosenzweig played a pivotal role in enhancing the company’s legal function and upholding its commitment to ethical standards. The succession plan devised by the company aims to strategically align its operations with the combined talents of Schultz and Bauer, fostering greater efficiency and synergy across departments.
Strategic Growth Initiatives
Players’ Club Rewards Program
The company recently unveiled a new Players’ Club Rewards program for the South Carolina Education Lottery. This initiative aims to offer players enhanced incentives and rewards, thereby fostering a more dynamic and rewarding gaming experience.
Launch of SG Studios
It has also introduced SG Studios, a new game studio dedicated to developing innovative iLottery products. This venture underscores the company’s commitment to innovation and diversification, as it seeks to cater to evolving consumer preferences and tap into new market segments.
By realigning its legal and public policy functions and appointing seasoned professionals to key leadership roles, the company is poised to drive operational excellence, foster strategic growth, and solidify its position as a leader in the iGaming industry.
FAQs About Scientific Games’ Strategic Reorganization
1. What prompted Scientific Games to undertake a strategic reorganization of its legal and public policy teams?
Scientific Games initiated the reorganization to streamline operations and enhance strategic alignment by consolidating these functions into a new unified department, Global Legal and Public Policy.
2. Who is leading the newly formed Global Legal and Public Policy department at Scientific Games?
The department is led by James D Schultz, who assumes the role of EVP, Global Legal and Public Policy.
3. What experience does James D Schultz bring to his new role?
Schultz brings extensive experience from various government roles, including General Counsel to the Governor of Pennsylvania and Senior Associate Counsel in the Office of White House Counsel.
4. What key leadership appointment has been made in the reorganization?
Phil Bauer has been promoted to the position of General Counsel and Corporate Secretary at Scientific Games.
5. Who is Christine Wechsler, and what is her expanded role in the reorganization?
Christine Wechsler, formerly SVP of Public Policy and Government Relations, will now serve as SVP of Legislation and Litigation, assuming broader legal responsibilities within the company.
6. When did Dena Rosenzweig retire, and what role did she play at Scientific Games?
Dena Rosenzweig retired as Chief Legal Officer (CLO) of Scientific Games, effective 31 March. During her tenure since 2017, she played a pivotal role in enhancing the company’s legal function and upholding its commitment to ethical standards.
7. What strategic growth initiatives has Scientific Games recently introduced?
Scientific Games launched a new Players’ Club Rewards program for the South Carolina Education Lottery, aimed at enhancing player engagement and loyalty. Additionally, the company introduced SG Studios, a new game studio focusing on iLottery products.
8. What are the objectives behind the launch of the Players’ Club Rewards program?
The program aims to offer players enhanced incentives and rewards, thereby fostering a more dynamic and rewarding gaming experience.
9. What is the significance of SG Studios in Scientific Games’ strategic initiatives?
SG Studios underscores the company’s commitment to innovation and diversification, as it seeks to cater to evolving consumer preferences and tap into new market segments.
10. How does Scientific Games envision the impact of the reorganization on its operations and growth trajectory?
The company believes that the reorganization, coupled with the appointment of seasoned professionals to key leadership roles, will drive operational excellence, foster strategic growth, and solidify its position as a leader in the iGaming industry.