Intralot, a leading provider of integrated gambling, lottery, sports betting management, and interactive gambling services, has announced changes in its executive leadership. Fotis Konstantellos, Member of the Board and Deputy CEO, will be stepping down from his positions. His successor, Farris, who previously held various roles within Intralot, will assume the position of Member of the Board and Chief Technology Officer (CTO). Chrysostomos Sfatos, a Non-Executive Member of the Board of Directors, will take on the role of Deputy CEO. These changes mark a transition in the company’s leadership and aim to support its strategic development and operational excellence.
Intralot’s Leadership Transition:
Fotis Konstantellos, who joined Intralot in 2015, has played a significant role in the company’s growth and success. Starting as the Group Director for Products and Services, he held various positions before becoming the Group Deputy CEO in December 2020. Konstantellos has made valuable contributions to Intralot during his tenure, and his departure will mark the beginning of a new chapter for the company.
Farris, a seasoned professional within Intralot, will succeed Konstantellos in the role of Member of the Board and CTO. Having joined the company in 1997 as a Technical Director, Farris brings a wealth of experience and knowledge to his new position. His previous role as CTO involved overseeing the IT department and aligning the company’s technology strategy with its business objectives. In his expanded role as Member of the Board, Farris will continue to contribute to the strategic direction of Intralot while ensuring the efficient integration of technology within the company’s operations.
The Responsibilities of Farris as CTO:
As the Chief Technology Officer, Farris will have the responsibility of leading Intralot’s IT department. His key tasks will involve aligning the technology needs of the business with its operations, ensuring the long-term sustainability and growth of the company. Farris will leverage his expertise to drive innovation, optimize IT infrastructure, and support the development of cutting-edge solutions that enhance Intralot’s offerings in the gambling, lottery, and sports betting sectors.
Support from Chrysostomos Sfatos as Deputy CEO:
Chrysostomos Sfatos, an experienced Non-Executive Member of the Board, will assume the role of Deputy CEO. In this capacity, Sfatos will work closely with CEO Sokratis Kokkalis to provide strategic guidance and support in organizational matters. Sfatos will also oversee the development and delivery of income-generating projects, aligning them with the company’s overarching strategy. With his extensive industry knowledge and business acumen, Sfatos aims to contribute to the ongoing success and growth of Intralot.
Appreciation for Fotis Konstantellos and Future Outlook:
Intralot’s Chairman and CEO, Sokratis Kokkalis, expressed his gratitude to Fotis Konstantellos for his valuable contributions to the company’s progress. Konstantellos played a pivotal role in advancing Intralot’s product and service offerings. Kokkalis also extended his best wishes to Farris in his new position as a Member of the Board and CTO, expressing confidence in his ability to drive innovation and ensure the company’s technological excellence.
The executive leadership transition at Intralot marks an important milestone in the company’s journey. Fotis Konstantellos has made significant contributions during his tenure, and his departure opens the door for Farris to take on the role of Member of the Board and CTO, further strengthening Intralot’s technology-driven approach. With Chrysostomos Sfatos assuming the position of Deputy CEO, the company is well-positioned to pursue its strategic goals, foster innovation, and deliver exceptional experiences in the gambling, lottery, and sports betting industry.