LAS VEGAS–(BUSINESS WIRE)–AGS® (the “Company”), a proven gaming machine supplier for Class II markets with an emerging presence in Class III markets and live table games, today announced the appointment of Kimo Akiona to the position of Chief Financial Officer and Treasurer.
Mr. Akiona brings over 15 years of accounting and financial management experience and extensive gaming industry knowledge to his new role. He most recently served as Senior Vice President and Corporate Controller and Director of SEC Reporting at Bally Technologies/SHFL entertainment, where he spent nearly 10 years in various positions. While at SHFL, Mr. Akiona managed the global accounting function, which included teams in the U.S., Asia-Pacific, Europe and Latin America. He and his team implemented ERP systems in the U.S. and international jurisdictions, led the financial due diligence on merger and acquisition activity and were responsible for all SEC matters.
David Lopez, AGS CEO and President stated, “Kimo brings extensive strategic, financial, and accounting experience as well as a deep understanding of the gaming industry to his new role. We are confident that his global experience and leadership qualities will benefit AGS and our customers as we manage our growing business.”
“I am pleased to join the AGS team at a time when the company is quickly establishing itself as a more complete and formidable gaming equipment supplier. Their commitment to customers and product quality, as well as their efforts to diversify are impressive. I look forward to working with the team during this exciting time of growth and diversification,” said Mr. Akiona. Upon Mr. Akiona’s appointment, Curt Mayer will step down as Chief Financial Officer.
Mr. Lopez added, “Over the past four years, Curt has played an important role in the company’s success, including the transition of ownership to funds affiliated with Apollo Global Management, the acquisition of Colossal Gaming, and the transformation to a more complete gaming supplier in 2014,” said Mr. Lopez. “We thank Curt for his numerous contributions to AGS and wish him the very best in all of his future endeavors.”
About AGS
AGS is a proven and reputable designer and manufacturer of Class II gaming machines for the Native American gaming market with an emerging presence in a broad range of commercial markets in the United States. With over 8,800 gaming machines in 194 gaming facilities in 20 U.S. states, the Company believes its top titles are among the highest grossing titles in its customers’ properties. The Company’s product portfolio includes electronic gaming machines, server-based systems and back office systems that are used by Native American gaming operators in both Class II and Class III environments, casinos and other gaming locations. The Company has recently expanded into the Illinois video gaming terminal, or VGT, market and is now offering branded live felt table games. Connect with the Company on its corporate website, Facebook, Twitter and LinkedIn.