Alberto Fornaro has left his position as CFO of International Game Technology (IGT) to join Coupang. Coupang is one of the largest e-commerce platforms in South Korea and one of the fastest-growing Internet companies on the planet.
In a statement provided by Fornaro earlier this week, he explained that “It has been a great honor to serve as IGT CFO and to participate in the company’s success during the last eight years. With the recent completion of important refinancing activity and a strong finance organization in place, it is the right time for me to move on to a new challenge.”
In moving to Coupang, Fornaro brings a great deal of experience in building businesses that cater to international customers and services. He has served as a CFO or senior financial executive for the last 25 years, including serving as the CFO at IGT for the last eight years. He has served in positions across the globe, including in South Korea, the U.S. and Europe. In his eight years with the company, he helped to grow IGT into one of the largest gaming companies on the planet.
In speaking about his new position, Fornaro stated, “I am glad to join this innovative company. It’s an exciting time to be part of Coupang. The company is growing rapidly because it provides customers with an exceptional experience. Coupang’s ecommerce platform is making millions of items available for delivery within hours and launching new services like Dawn Delivery and Rocket Fresh to make life easier. I look forward to helping the company succeed.”