Friday, September 12, 2008

Aristocrat switches its US leadership - Fairfax - 12th September 2008

Poker machine maker Aristocrat Leisure has appointed a new head in North America, replacing its previous boss with its head of European, Middle Eastern and African operations, Nick Khin.

Aristocrat said that Tim Parrott, the incumbent president and chief executive Officer of its American operations, had left the business after two years with Aristocrat's executive team.

The company said Mr Khin had driven Aristocrat's expansion into new markets, particularly Spain where the company will be launching its new casino style arcade games later this month.

"The EMEA region has reported record revenue (up over 50 per cent) and profitability (up 140 per cent) over the past two years, with the company significantly increasing its overall market share and presence in the region," Aristocrat said in a statement.

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