Bally Technologies, a provider of games, systems, and server-based technology solutions for the global gaming industry, has announced that Robert Caller will retire as chief financial officer (CFO) and that Neil Davidson has been promoted to senior vice president (SVP), CFO and corporate treasurer.
Davidson joined Bally in 2006 as vice president of corporate accounting, and was appointed chief accounting officer (CAO) in May 2008. During his tenure, he has worked directly under Caller in assisting the company to improve financial operations.
Previously, Davidson served as the vice president of finance for Multimedia Games, a gaming and systems company. He began his career working in the Houston office of KPMG, a global firm that provides audit, tax, and advisory services. At KPMG, Davidson held numerous positions, ending his tenure as audit manager. Davidson is a certified public accountant (CPA).
Caller joined Bally in April 2006 under a three-and-a-half year arrangement after a 30-year career with Ernst & Young. He agreed to extend the arrangement through fiscal 2010 to allow for this planned succession. Caller will continue to assist the company under a long-term consulting agreement and will play an active advisory role to support Davidson’s transition. Caller’s activities under the consulting arrangement include evaluation of merger and acquisition opportunities, international infrastructure, investor relations, and internal audit activities. Caller was also appointed to the company’s compliance committee.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.