Fabio Cairoli, 58, CEO of global lottery for International Game Technology, died suddenly after falling ill while aboard a yacht moored at the island of Giglio off the coast of Tuscany, Italy on July 8.
Prior to his role at the head of IGT’s lottery division, Cairoli served as the company’s chief executive officer, Italy, where he was responsible for managing all business lines, marketing services, and sales for the company’s Italian operations. A Milan native, he joined IGT legacy company Lottomatica Group S.p.A. in 2012 as senior vice president of business.
“Fabio was an outstanding executive,” said IGT Executive Chair Marco Sala. “He was distinguished by his passion, drive, sincerity, and commitment to results and innovation. His leadership of the Global Lottery Sales and Operations, Italy Lottery Operations, Global Lottery Product and Sales Development, and Global Lottery Technology and Support functions was unparalleled.
“While these operations remain in very capable and experienced hands, we recognize that many in the lottery industry also held personal relationships with Fabio, and that he was a greatly respected friend within and beyond the industry. At this time, IGT extends its deepest condolences to Fabio Cairoli’s family, as we dedicate our efforts to supporting their needs during this difficult time.”