GGB is committed to providing updated news and analysis on our weekly news site,

Satre Named IGT Chairman

Satre Named IGT Chairman

Leading slot manufacturer International Game Technology has named Philip G. Satre chairman of its board of directors, effective December 1.

Satre replaces former president and CEO TJ Matthews, who will remain on the board but will step down as its chairman. Matthews was replaced as the company’s CEO earlier this year by Patti S. Hart.

“Phil Satre brings a tremendous wealth of gaming industry experience and, most importantly, a customer’s perspective to his new position, which will benefit IGT now and for many years to come,” said Hart. “I have been very impressed with Phil’s contributions since he joined IGT’s board earlier this year, and I look forward to working with him as we move forward to accomplish the company’s goals and objectives.

“In addition, I am pleased that Mr. Matthews will continue to serve on the IGT board. We are fortunate to have the combined experience and knowledge of both Phil Satre and TJ Matthews.”

Satre has served on IGT’s board of directors since January. He also is chairman of Nevada Energy, Inc., and serves as a board member of Nordstrom, Inc., Rite Aid Corporation, Stanford University and the National World War II Museum.

Satre retired from Harrah’s in 2005, after eight years as chairman and 17 years on the operator’s board of directors.

“I am very excited about the opportunity to help lead a great company into the future,” said Satre of his appointment. “Despite the challenges facing our industry today, I am very optimistic about the future of gaming and the company’s future. I look forward to working with my board colleagues and with Patti Hart and her senior team to lead the company into the future.”

    Recent Feature Articles

  • Back to Basics: 10 Trends for 2023

    The 10 Trends for 2023 do not start with the recovery from the pandemic

  • Doing the Math

    The creativity of game design goes hand in hand with what keeps players at the game—the program math

  • Everything to Everyone

    Bally’s Chairman Soo Kim aims for the top, but will technology be his foil?

  • Regulating the Regulators

    Should regulators of the multi-state, billion-dollar casino industry come from the outside?

  • Paying It Forward

    How payment technology has successfully met the challenges of today’s gaming industry