Business Context and Reporting Period
This Form 6-K filing by International Game Technology PLC (IGT) covers the month of September 2017. The report discloses a corporate governance change regarding the Board of Directors. Note: The filing pertains to International Game Technology PLC, not Brightstar Lottery PLC as indicated in the request metadata.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of a board member's retirement and contains no financial performance data.
Material Changes
The primary material change is the announced retirement of Sir Jeremy Hanley from the Board of Directors, effective November 1, 2017. He is also stepping down from the Audit Committee and the Nominating and Corporate Governance Committee. Following his departure, the Board will consist of 12 members, with seven meeting New York Stock Exchange independence requirements.
Guidance, Outlook, and Management Commentary
Phil Satre, Chairman of the Board, thanked Sir Jeremy for his dedicated service, knowledge of British history, humor, and financial acumen. Sir Jeremy expressed pride in IGT's successes and gratitude for the relationship with management. The filing contains no financial guidance, outlook, risk factors, or discussion of unusual items.
Key Facts for Investor Verification
- Confirm the effective date of Sir Jeremy Hanley's retirement is November 1, 2017.
- Verify the new Board composition of 12 members and the count of independent directors.
- Check subsequent filings for the appointment of a replacement director to fill the vacancy.
- Ensure the company name is correctly identified as International Game Technology PLC (IGT).