IGT says Satre will replace Matthews as chairman

RENO (AP) - Casino slot machine maker International Game Technology says board Chairman T.J. Matthews will be replaced by Philip Satre.

A company statement released Thursday says the switch will happen Dec. 1.

Matthews is a former president and chief executive of Reno-based IGT. He turned over day-to-day chief executive duties last April to Patti Hart, a longtime technology industry executive. Matthews will remain on the company board of

directors.

In a statement, Hart says IGT will benefit from Satre's experience in the casino and gambling industry and from his perspective as a customer for casino games.

Satre retired after 25 years in Harrah's front office in 2005, shortly before the company's $9 billion buyout of Caesars Entertainment.

He has been on the IGT board since January.