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Seth Davis appointed CEO; Nick Parfitt appointed CFO
CHICAGO, IL – December 20, 2022 – Stern Pinball, Inc. (SPI) right now introduced two government management appointments to help the corporate’s continued progress. In the previous three years, SPI has achieved successive income data throughout the Pinball Machine, Accessory, and Merchandise companies in addition to a profitable digital connectivity enlargement with Insider Connected.
Company Founder, Gary Stern, will step down as CEO however proceed as Chairman of the Board. Dave Peterson will proceed to function Vice Chairman of the Board. Gary and Dave will stay the controlling shareholders of the corporate and serve in government roles on a mission foundation.
Seth Davis, who joined the corporate as President in October 2021, will tackle the extra function of Chief Executive Officer (CEO). A life-long gamer previous to becoming a member of Stern Pinball, Seth spent a mixed twenty-one years at The Walt Disney Company and the General Electric Company. He served in all kinds of capabilities and in intrapreneurial roles at more and more senior ranges. Seth led and managed each small and enormous groups spanning enterprise, artistic, and technical disciplines.
Immediately previous to becoming a member of Stern Pinball, Seth served on the manager workforce liable for the extremely profitable subscription-based streaming companies Disney+ and ESPN+. Earlier in his profession Seth served in Disney Corporate Financial Planning main enterprise transformation initiatives; as Head of Product Management for Connected Experiences inside Disney Games and Consumer Products as a part of Walt Disney Imagineering; as chief of Disney’s Digital Games Console and PC line of enterprise; and as Director of Disney Games’ Strategy, Market Analytics, and Product Planning.
Before Disney, Seth spent eight years on the General Electric Company. He served as Senior Manager – Finance at GE Capital liable for Strategic Analysis and Marketing. He began his GE profession within the Financial Management Program the place he accomplished 4 nationwide rotations via GE enterprise models and earned his Six Sigma Black Belt Certification.
Seth earned his MBA from The Wharton School on the University of Pennsylvania the place he majored in Entrepreneurial Management. He earned a Bachelor of Science diploma from Syracuse University with a double main in Accounting and Information Management and Technology.
After 35 years of service, Michael O’Donnell will retire as SPI’s Chief Financial Officer (CFO). Michael will stay a big shareholder of the corporate and proceed to function a Board member. He may even lead particular initiatives and help with the transition of the CFO function.
Nick Parfitt will be a part of the corporate as CFO. Nick, a local of South Africa, brings over 20 years of broad monetary, accounting, strategic, and progress administration expertise to the corporate. Nick began his profession with Fortune Brands at Jim Beam Inc., the world’s third largest producer and distributor of distilled drinks. Nick subsequently joined MillerKnoll, Inc., the NASDAQ-listed multi-billion greenback collective of dynamic manufacturers designed and produced for business and luxurious residential markets. Most not too long ago, Nick served nVenia, LLC because the finance result in implement a consolidation technique for a newly shaped enterprise unit inside the Duravant household of engineering companies.
Nick earned his MBA from The Kellogg School of Management at Northwestern University the place he majored in Finance and Marketing. He earned a Bachelor of Science diploma from Indiana University Bloomington with a double main in Finance and Operations Management.
Shelley Sax-Eldridge, who is among the longest serving staff at Stern Pinball, additionally introduced her retirement after greater than 36 years of service. Shelley began as an Administrative Assistant to Gary Stern and have become the corporate’s Logistics Manager. Shelley communicated repeatedly with the corporate’s prospects and distribution companions, facilitating the distribution of pinball video games across the globe.
About Insider Connected
Insider Connected is a complete know-how initiative to attach the universe of Stern pinball machines. The platform is designed to reinforce and prolong participant engagement with the video games throughout each residence and business environments. It additionally presents skilled operators of the pinball machines a strong set of instruments to drive location play, construct participant loyalty, analyze efficiency, make changes remotely, and preserve the machines.
Registration for Insider Connected is offered at insider.sternpinball.com. Players can even register at a related sport by scanning a registration QR code on the machine. Once a participant registers, they’re issued a singular QR Code that can be utilized to establish that participant at any related Stern pinball machine anyplace on the earth. When a participant scans into the machine, they’ll monitor progress, earn new sport particular achievements, have interaction with the participant group, and take part in promotions and Challenge Quests.
“Insider Connected is transforming how players interact with pinball machines. Operators are benefiting from new tools that drive repeat play and help maintain games remotely while players can earn special entertainment location badges,” stated Seth Davis, President and CEO of Stern Pinball, Inc.
About Stern Pinball, Inc.
Stern Pinball, Inc. creates compelling leisure that conjures up a lifetime love of video games, sparks ardour, forges friendships, and connects individuals in all places via enjoyable, modern, technologically superior pinball video games, and experiences. Headquartered minutes from Chicago’s O’Hare International Airport within the coronary heart of North America, the corporate creates, designs, engineers, manufactures, markets, and distributes a full line of technologically superior terrestrial and digital pinball video games, elements, equipment, and merchandise. Stern Pinball serves digital, client, business, and company markets across the globe.
Recent Stern Pinball titles embody James Bond 007, Rush, Godzilla, The Mandalorian, Led Zeppelin, Avengers: Infinity Quest, Teenage Mutant Ninja Turtles, Stranger Things, Elvira’s House of Horrors, Jurassic Park, Black Knight: Sword of Rage, The Munsters, The Beatles, Deadpool, Iron Maiden, Guardians of the Galaxy, Star Wars, Aerosmith, Ghostbusters, KISS, Metallica, Game of Thrones, The Walking Dead, Star Trek, AC/DC, Batman, and Spider-Man. A broad vary of gamers get pleasure from Stern Pinball’s video games from skilled pinball gamers who compete in high-stakes competitions across the globe to novice gamers who’re discovering the attract of the silver ball for the primary time. To be a part of the enjoyable and be taught extra, please go to www.sternpinball.com.
Stern Pinball, Inc. is a worldwide way of life model primarily based on the long-lasting and outrageously enjoyable fashionable American sport of pinball. Headquartered minutes from Chicago’s O’Hare International Airport within the coronary heart of North America, the corporate creates, designs, engineers, manufactures, markets, and distributes a full line of technologically superior terrestrial and digital pinball video games, elements, equipment, and merchandise. Stern Pinball serves digital, client, business, and company markets across the globe.
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