Everi Holdings Inc. announced that Randy L. Taylor has been promoted to the newly created position of President and Chief Operating Officer and Mark F. Labay has been appointed to succeed Mr. Taylor as Executive Vice President, Chief Financial Officer and Treasurer. In addition, David J. Lucchese will assume the role of Executive Vice President, Sales, Marketing and Digital, succeeding Edward A. Peters who informed the Company of his plans to retire following a distinguished 37-year professional career. The appointments are effective as of April 1, 2020.

The Company also announced that the Company's Board of Directors has extended Mr. Rumbolz' employment agreement as Chief Executive Officer for an additional 14 months through March 31, 2022. In conjunction with the announced executive leadership changes, Mr. Rumbolz will shift his primary focus towards Everi's long-term strategic growth initiatives, including support for the Company's ongoing growth plans, its organizational development, corporate culture and technological innovation. As President and Chief Operating Officer, 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. 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. In his new role, 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.