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Shuffle Master CFO resigns

Nov 20, 2007 6:37 AM

Shuffle Master, Inc. announced that Richard Baldwin, Senior Vice President and Chief Financial Officer, has resigned to pursue other opportunities. Baldwin will remain available as a part-time employee for a period of time. Officials said Baldwin’s resignation does not involve any disagreement over any financial matters concerning the company, nor any disagreement with the company’s auditors.

In addition, Paul Meyer, President and Chief Operating Officer, has been appointed Shuffle Master’s Acting Chief Financial Officer, a capacity in which he has previously served. Meyer has also held senior financial positions, including that of Chief Financial Officer, at several other companies.

Coreen Sawdon, formerly Vice President-Finance and Accounting, has been promoted to Senior Vice President and Chief Accounting Officer, reporting directly to Meyer and indirectly to the Chairperson of the Audit Committee of the Company’s board of directors.

Progressive promotes Derek Harmer

Progressive Gaming International Corporation last week announced that effective immediately it has appointed Derek Harmer, 40, to the position of Senior Vice President of Global Sports and Wireless Operations, a new position at the company. Harmer’s responsibilities include leading the development and enhancement of the company’s existing sports and wireless products to drive revenues and create deeper market penetration for existing products.

Harmer joined Progressive Gaming in October 2005 as Vice President of Corporate Development and Assistant General Counsel and has served as a member of the company’s Gaming Compliance Committee.

Prior to joining Progressive Gaming, Harmer held various management positions with WMS Gaming Inc. including Director of Regulatory Affairs, Director of Native American Business Development and Director of Sales. He also previously held the position of Deputy Attorney General for the Office of the Attorney General’s Gaming Division where he represented the State Gaming Control Board and Nevada Gaming Commission.