Home ❯ News ❯ Brent Scrimshaw Announces He’ll Retire as Atlantic Lottery CEO
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Brent Scrimshaw Announces He'll Retire as Atlantic Lottery CEO
Scrimshaw joined Atlantic Lottery more than a decade ago, in 2006, after serving as Chief Marketing Officer for the Canadian Football League. He was named the monopoly’s CEO back in November 2011.
The End of a Successful Era
After making significant investments in Atlantic Lottery’s technology, Scrimshaw helped the company revive its lottery program. Commenting on Scromshaw’s announcement, Sean O’Connor, chair of Atlantic Lottery’s board of directors said Brent had always been firmly committed to operating Atlantic Lottery in a way that reflected the values and priorities of Atlantic Canadians. He pointed out that under his leadership, the organization was better positioned to compete in an ever-changing global market in a socially responsible way. O’Connor also said this was an incredibly busy time for Atlantic Lottery, and added they were grateful that Brent would continue to guide the Corporation’s long-term strategy. He pointed out that Brent had accomplished during his time in the post, but emphasized there was more he still wanted to achieve. Scrimshaw added the success the company had enjoyed was completely attributable to the skills of the 600 members of their team. He stated he would miss their spirit, their commitment to the company and each other to get the job done, and stressed he was thankful to the Board of Directors for the opportunity to lead this team of immensely talented professionals throughout the region.
Looking for a Suitable Replacement
According to available information, the Atlantic Lottery’s board has formed a CEO Succession Committee, whose sole task is to appoint the best possible replacement for Scrimshaw. Until his successor is found, Scrimshaw will remain the company’s Chief Executive. The whole process should be completed in the next couple of months. Founded back in 1976, Atlantic Lottery is jointly owned by governments of four provinces of Atlantic Canada: New Brunswick, Prince Edward Island, Nova Scotia and Newfoundland and Labrador. The company’s headquarters are located in Moncton, New Brunswick, while profits returned by Atlantic Lottery are distributed to the provinces. Since its foundation in 1976, Atlantic Lottery has awarded more than $5.5 billion in prizes, paying out a total of $5.9 billion in profits to its shareholders.