In a significant development for the Connecticut Lottery Corporation (CLC), Frank Suarez, the current executive director of the DC Office of Lottery and Gaming, has been named the new President and CEO. This appointment, effective August 1, marks a pivotal moment for the CLC, signaling both continuity and change within the organization.
Extensive Background in Lottery Management
Frank Suarez brings over a decade of experience in the lottery industry to his new role. His career includes seven years at the North Carolina Education Lottery, where he served as the deputy executive director of brand management and communications. More recently, Suarez has been with the DC Lottery for the past three years, where he has taken on several significant roles. Notably, he is currently vice chair of the Multi-State Lottery Association’s (MUSL) Product Development Committee and chairman of the MUSL Fast Play Product Group.
Suarez’s extensive background in lottery management and his leadership roles in various industry committees underscore his suitability for this new position. His strategic vision and dedication to customer-centric solutions have been pivotal in his past roles and are expected to be key assets as he transitions to the CLC.
Strategic Vision and Leadership
The CLC board of directors selected Suarez based on his alignment with the organization’s core values and vision for the future. The board praised his strategic vision, commitment to fostering a collaborative and inclusive work environment, and dedication to customer-centric solutions. These attributes are seen as critical in driving the CLC’s mission forward.
Robert T. Simmelkjaer, the board chair of CLC, expressed enthusiasm about Suarez’s appointment. “We are thrilled to welcome Frank Suarez as our new President and CEO,” Simmelkjaer said. “His exceptional leadership skills, extensive industry experience, and visionary approach make him the perfect choice to guide our company into the next phase of growth and innovation. We are confident that, under his stewardship, we will continue to achieve remarkable success and deliver value to our players while generating revenue for the State of Connecticut.”
Focus on Growth and Integrity
In his new role, Suarez has outlined a clear focus on maximizing revenue for the state while upholding the highest standards of integrity and responsible gaming. His approach highlights a balanced commitment to both financial success and ethical practices, reflecting a broader trend in the industry towards responsible and sustainable growth.
Suarez commented on his appointment, stating, “I am honored and excited to join the Connecticut Lottery Corporation and to work with the talented team here to drive continued growth and success. Our focus will be on maximizing revenue for the state while maintaining the highest standards of integrity and responsible gaming.”
Transition and Future Prospects
Suarez will succeed Greg Smith, who has served as the interim President and CEO. Smith is set to assume the role of special consultant to assist with the transition and will retire at the end of September. This transition period is expected to be a time of strategic adjustment and continuity as Suarez steps into his new role.
The transition from Smith to Suarez represents both a continuation of the CLC’s mission and a fresh direction. Suarez’s experience and vision are anticipated to bring new perspectives and innovations to the organization, which will be critical as the CLC continues to navigate the evolving landscape of lottery operations and player engagement.
Industry Impact and Future Trends
Suarez’s appointment is likely to influence not only the CLC but also the broader lottery industry. His previous roles in various industry committees, particularly with MUSL, suggest that he will bring a broad perspective and innovative ideas to his new position. This could lead to new developments in lottery products and services, potentially setting new standards in the industry.
As the lottery industry continues to evolve with advancements in technology and changes in consumer behavior, leaders like Suarez will play a crucial role in shaping the future. His emphasis on growth and integrity aligns with current industry trends towards more responsible and sustainable practices, which could serve as a model for other organizations.
Frank Suarez’s appointment as the President and CEO of the Connecticut Lottery Corporation represents a significant moment for both the organization and the lottery industry at large. With his extensive experience, strategic vision, and commitment to responsible gaming, Suarez is well-positioned to lead the CLC into a new era of growth and innovation. As he steps into his new role, all eyes will be on the CLC to see how his leadership will shape the future of the organization and contribute to the broader trends within the lottery industry.