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Bruce Turner
W. Bruce Turner

Biography: W. Bruce Turner CEO of Lottomatica S.p.A. and GTECH Corporation

As President and Chief Executive Officer of GTECH Holdings Corporation, W. Bruce Turner is responsible for overseeing the strategic direction of the Company and its operational functions. He works directly with GTECH's management team to execute the Company's vision in the continuous effort to deliver value to its customers, shareholders, and employees. Turner also serves as a Director on GTECH's Board. He joined GTECH's Board in October 1999 and served as Chairman of the Board from July 2000 through August 2002.

Under Turner's leadership, GTECH has experienced significant growth. In the last five years, GTECH's stock has increased six-fold and outperformed the S&P 500 by 524 percent; total revenues grew 34 percent; earnings per share rose three-fold, or 200 percent; and the Company's lottery customer base has expanded by 11 percent. Working closely with his senior management team, Turner has laid out the most ambitious growth plan in the companies' history combining opportunity in traditional lottery, gaming solutions, and selected commercial service markets in a coordinated fashion driving value for GTECH customers worldwide.

For the 10-year period from 1989 to 1999, Turner worked on Wall Street with two firms and was widely recognized as the premier equity analyst in the gaming and leisure industry. Institutional Investor magazine repeatedly ranked him as the finest global analyst in the gaming field. Gaming and Wagering business magazine ranked him as one of the “25 most powerful people in the gaming industry.”

Turner, a graduate of the United States Military Academy at West Point, received his Master of Arts in Management and Supervision from Central Michigan University. Turner also earned a Master of Business Administration from the University of Tampa in Tampa, Florida.

News Articles

Leadership Changes
ROME (ITALY) - PROVIDENCE, RHODE ISLAND (US) (November 08, 2007) – Also at the Board of Directors meeting, it was announced that W. Bruce Turner, Chief Executive Officer of Lottomatica S.p.A. and GTECH Corporation, has tendered his resignation effective from December 31, 2007 at the latest. Citing his intent to pursue an opportunity to start an investment firm, Mr. Turner noted that he has overseen the successful integration of GTECH and Lottomatica and positioned the Company well for future growth.  The Board of Directors accepted Mr. Turner's resignation and thanked him for his service.
Upon Mr. Turner's departure, Lorenzo Pellicioli, Chairman of Lottomatica S.p.A., will take on the additional responsibilities of Chief Executive Officer of Lottomatica Group.  In addition, Jaymin Patel, currently President and Chief Operating Officer of GTECH, will become Chief Executive Officer of GTECH Corporation.
Commenting on the changes, Mr. Pellicioli said, "I am confident in Lottomatica's growth plan and committed to driving its continued success.  I look forward to working with our operational leaders, Marco Sala – Managing Director for the Italian operations -  and Jaymin Patel, to ensure that we are successful in taking advantage of the significant opportunities ahead and deliver enhanced value to our shareholders."  



 
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