Thursday, Sept. 25, 2008 | 3:59 p.m.
Progressive Gaming International announced today that its board of directors has appointed Terrance Oliver, a member of the board, as the company’s interim president and chief executive order. Oliver is replacing former president Russel McMeekin.
Oliver has been a director of the company since 1988 and served as the company’s chairman of the board from 1988 to September 1993.
Progressive Gaming International is a global supplier of casino and jackpot management solutions. The company offers products such as slot machines, table games and server-based gaming.
Progressive also said today it would fall short of its previously projected 2008 financial guidance for revenues.
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