Accel Entertainment announces CFO transition
Mark Phelan, president of US gaming, has been appointed as acting chief financial officer.
US.- Accel Entertainment has announced that Mathew Ellis has resigned as chief financial officer, effective May 9, to pursue other business interests. Mark Phelan, the company’s president of US gaming, will stand in as acting chief financial officer. The company is undertaking a search to fill the position.
Andy Rubenstein, chief executive officer of Accel, said: “On behalf of our employees, executive management, and the board of directors, I would like to thank Mat for his commitment and contributions to Accel since he first joined us in 2015. We wish Mat the best of luck in his future endeavors. I am pleased that Mark can step in seamlessly, on an interim basis, as our chief financial officer.
“With Mark’s experience in finance and financial markets and his deep understanding of Accel’s business, combined with our finance and accounting teams’ deep bench of talent, we expect it to be business as usual. We are beginning the search for a permanent CFO and are focused on identifying a leader who can help us further accelerate growth, spark innovation, and shape a bright future for Accel.”
Ellis commented: “It has been a pleasure to serve as Accel’s CFO for the past three years. I am grateful for the opportunity to have led the outstanding finance, IT, and cash operations teams at Accel and am confident that they will continue to manage their respective functions with precision and commitment. I am excited about the plans Accel has for the future and wish the entire team nothing but success.”
The company recently announced the appointment of Cheryl Kondra to its board of directors, effective immediately. She will chair the board’s Audit Committee. It also named Scott Levin as chief legal officer and secretary. Derek Harmer, former general counsel and chief compliance officer, now serves as Accel’s first dedicated chief compliance officer.
