OLG Announces New President & CEO

TORONTO, May 19 /CNW/ - The Ontario Lottery and Gaming Corporation (OLG) announced today the appointment of Rod Phillips as President and Chief Executive Officer, effective June 10, 2011.

"The Board is confident Rod is the right leader to continue our efforts towards improving performance, efficiency and cutting costs," said Mr. Paul V. Godfrey, Chair of the Board of Directors. "Rod has the experience and skills needed to lead our newly-streamlined organization and improve financial results of this important agency for Ontario."

Most recently prior to his appointment, Mr. Phillips was the President and Chief Executive Officer of Shepell-FGI, one of North America's leading providers of health and productivity solutions for employers and organizations.

As OLG's new President and CEO, Mr. Phillips will lead an executive team that is being transitioned from ten positions to seven. He will work with the Board of Directors to continue finding greater cost savings within the organization, enabling the investment of more money to Ontario hospitals, schools, charities, amateur sports and culture.  OLG is supported by 18,000 employees in 34 locations across Ontario including resorts, slots, corporate and gaming facilities.  It is an approximately $7 billion a year corporation which returns almost $2 billion annually to the Province of Ontario.

"I look forward to working closely with the OLG Board and management team to build an organization that continues to be more accountable, transparent and results-driven," said Mr. Phillips. "My first priority will be to learn as much as I can by listening to our customers, patrons, stakeholders and employees. I'm looking forward to getting to work and ensuring OLG is offering the best in lottery and gaming entertainment."

OLG is a provincial agency responsible for province-wide lottery games and gaming facilities. Since 1975, OLG lotteries, Casinos, Slots, and Resort Casinos have generated more than $32 billion for the benefit of the Province of Ontario. Gaming proceeds support Ontario's hospitals, amateur sport, recreational and cultural activities, communities, provincial priority programs such as health care and education, and local and provincial charities and non-profit organizations through the Ontario Trillium Foundation.

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ROD PHILLIPS

Rod Phillips will assume the office of President and Chief Executive Officer of the   Ontario Lottery and Gaming Corporation in June 2011. Rod Phillips was most recently President and Chief Executive Officer of Shepell·fgi, one of North America's leading providers of health and productivity solutions for employees and organizations. Under his leadership, Shepell·fgi offered integrated services improving the health and productivity of eight million employees and their families from over 7,000 organizations in Canada, and 54 other countries.

Prior to joining Shepell·fgi, Rod was a founder of the Goodmans Venture Group, the ventures division of Goodmans LLP and Chief of Staff to Mayor Mel Lastman during his first term as the leader of the newly amalgamated City of Toronto from 1997 to 2000.  Previously he was a Principal with KPMG Consulting and also served as the senior advisor to the Honourable Elizabeth Witmer, Ontario's Minister of Labour.

In 2000, Rod was selected as one of Canada's Top 40 Under 40 by the Caldwell Partners and the Globe and Mail's Report on Business. In 2005, he was selected as one of the "Best of the Best" on the 10th Anniversary of the Top 40 Under 40 program. In 2009, with his investment partners he was awarded the Canadian Venture Capital Association Deal of the Year in the Private Equity category. In 2010, Rod was selected to be the Honorary Lieutenant Colonel of the 32nd Combat Engineer Regiment headquartered in Toronto.

Rod is the Founding Chair of the Centre for Addiction and Mental Health's Transforming Lives gala. He is a past member of the Boards of the Canadian Psychiatric Research Foundation, Global Business and Economic Roundtable on Addiction and Mental Health, the Council of the College of Physicians and Surgeons of Ontario, Bridgepoint Health and the Toronto Community Foundation. He is a past President of the Canadian Club of Toronto.

Rod is a graduate of the MBA program at Wilfrid Laurier University in Waterloo and holds an Honours BA in Political Science and Literature from the University of Western Ontario in London.

/NOTE TO PHOTO EDITORS: The photo accompanying this release is also available at http://photos.newswire.ca. Images are free to accredited members of the media/

SOURCE OLG

For further information:

OLG Media Line
1.888.946.6716


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