Shuffle Master creates three top positions

Nov 25, 2008 5:12 PM

by Ray Poirier | Changes in the hierarchy of Shuffle Master Inc. (SHFL), announced last week, should ease the burden of Dr. Mark Yoseloff, who is relinquishing his role of chairman to concentrate on his activities as chief executive officer.

Named non-executive chairman was Philip Peckman, a current independent director.

And elevated to key positions were: Roger Snow, David Lopez and Jerry Smith, each chosen to be an executive vice president with specific responsibilities.

"I am pleased that during these tough economic times for our industry," said Yoseloff, "Shuffle Master continues to grow and prosper because of our suite of innovative products which provide both revenue enhancement and operating cost efficiencies for our casino customers.

"We have indicated for some time our plan to strengthen our executive depth and operational focus. Roger, David and Jerry have all been with Shuffle Master for a number of years and have been important contributors to the company’s dramatic growth. Their strategic planning, operations, development and managerial experience within the company make them uniquely suited to take on this new responsibility," he said.

Yoseloff added that Peckman’s "strong business experience and new role will bring broader perspective in our business."

Peckman, an attorney and CPA, is the CEO of Peckman Outdoor Media. He previously served as president and CEO of The Greenspun Corporation, a post from which he retired in 2006.

Snow, a former columnist for GamingToday, joined Shuffle Master in 2000 as Table Games Product Manager. He came to Las Vegas from New Hampshire where he was a reporter for that state’s largest newspaper, the Manchester Union-Leader. Before joining Shuffle Master, he was a floor supervisor at the Mirage Hotel & Casino.

Lopez began his Shuffle Master career in 1998 as a marketing analyst and most recently served as president of Shuffle Master Americas. He will focus on sales, product management and operations and will assume many of the responsibilities of President and COO Paul Meyer who recently resigned.

Smith, who most recently served as senior vice president and general counsel, joined Shuffle Master in 2001. In addition to his duties in the legal, compliance and corporate affairs of the firm, he will also serve as corporate secretary.

On a temporary leave from the company is R. Brooke Dunn, senior vice president, who has received a Wells Notice form the Security & Exchanges Commission regarding the allegation of improper trading of company stock by an unrelated third party. The notice indicated that SEC staff intends to recommend that the SEC bring a civil lawsuit against Dunn.

The company noted that it had not received a Well Notice and is not a subject of this investigation.

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