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Everi’s Kilburn to Retire; CEO Rumbolz Named Chairman

Everi’s Kilburn to Retire; CEO Rumbolz Named Chairman

Everi Holdings Inc. announced that E. Miles Kilburn, chairman of the board of directors of Everi, has informed the company he will retire from the board and will not stand for reelection at the company’s 2021 Annual Meeting of Stockholders, which will be held on May 19.

The board has appointed Everi CEO Michael D. Rumbolz to become chairman upon Kilburn’s retirement. The board also named Ronald V. Congemi, a member of the board for the last eight years, as lead independent director, effective immediately.

The board intends to review the opportunity to fill the open director position created by Kilburn’s retirement through the addition of a new director that would continue to advance the gender, cultural and professional diversity of its current composition and that would bring additional gaming, financial technology, digital and leadership experience to the board.

Upon Kilburn’s retirement in May, Rumbolz will jointly serve as chairman of the board and chief executive officer. Rumbolz has served as Everi’s CEO since April 1, 2020, having previously served as president and CEO from May 2016 through March 2020. Previously, he served as the chairman and chief executive officer of Cash Systems, Inc., a provider of cash access services to the gaming industry, acquired by Everi in 2008.

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