Ramesh Srinivasan Promoted to President and Chief Operating Officer of Bally Technologies, Inc.
Bally Technologies, Inc. (NYSE: BYI), announced the promotion of Ramesh Srinivasan to President and Chief Operating Officer.
Srinivasan will be responsible for all of Bally’s worldwide games, systems, and server-based solutions, as well as customer service, reporting to Chief Executive Officer Richard Haddrill.
Srinivasan joined Bally in 2005 as Executive Vice President of Bally Systems. Under Srinivasan, Bally Systems has become the clear market leader, positioning Bally to capitalize on the convergence of the games and systems businesses as well as emerging mobile and web-based gaming platforms.
“Ramesh Srinivasan has been a terrific business partner for more than 11 years across two companies, and I am confident that his outstanding track record of success will continue in these new responsibilities,” said Richard Haddrill, Chief Executive Officer of Bally Technologies. “Gavin Isaacs has been an important part of our success at Bally, and we wish him well at Shuffle Master.”
Ramesh Srinivasan joined Bally Technologies in March 2005 as Executive Vice President, Systems and was named President and Chief Operating Officer in March 2011. He was formerly Executive Vice President, Warehouse Management Systems for Manhattan Associates. Having successfully guided the Bally Systems Division to increased product improvement and customer satisfaction, Srinivasan is currently responsible for all of Bally’s worldwide games, systems, and server-based solutions, as well as customer service.
Ramesh received his Bachelors degree in Metallurgical Engineering from the Institute of Technology, Banaras Hindu University, Varanasi, India, and his MBA in Marketing and Systems from the Indian Institute of Management, Bangalore, India. Ramesh is the highest paid American Indian executive in Nevada and ranked 11th in Las Vegas in total compensation in 2010. Ramesh’s total compensation, including stock options, in 2010 was $4.8 million.