• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Evans retires as chairman of Crane Co after 36 years

May 04, 2020 Newsdesk Industry Talk, Latest News  


Evans retires as chairman of Crane Co after 36 years

Crane Co, a United States-based industrial products conglomerate that sells payment processing technology to the financial sector including casinos, says that a previously-mentioned chairman transition was completed in April. Robert Sheldon Evans (pictured) has retired from the post of chairman, in accordance with the company’s director retirement policy, the company said in a statement last week.

Mr Evans had been with the company for 47 years, according to the written announcement. He served as Crane Co’s chief executive and chairman from 1984 to 2001, and then took on the role of non-executive chairman of the board.

James Tullis, a Crane Co director since 1998, became the company’s chairman upon Mr Evans’ retirement, stated the release.

The statement quoted Crane Co’s president and CEO, Max Mitchell, as saying: “Shell Evans has devoted 47 years to Crane, including 36 years as chairman, and 17 years as CEO. It would be difficult to overemphasise the impact that he has had at Crane over that time, driving substantial change to the company’s portfolio, operations, strategy, and culture.”

Mr Evans said in prepared remarks that he was “extremely proud” of the company and “its 12,000 associates”. “I am certain that many of Crane’s best years still lie ahead,” he added.

The new chairman Mr Tullis was also quoted in the statement as saying that Mr Evans had “built a strong and effective board through years of focus” on the firm’s board renewal process. Mr Evans “has overseen the development of a highly capable and deep management team that has proven its ability to execute through wide ranging opportunities and challenges, including in the current pandemic environment,” noted Mr Tullis.

Crane Co posted a net profit of US$62.8 million for the first quarter of 2020, down 23.8 percent from the prior-year period. That was on revenue that fell 4.1 percent year-on-year, to US$797.9 million, said the company in a recent statement.


  • tweet
Related articles
  • Pagcor chairman keynote speech at SiGMA Asia
    Pagcor chairman keynote speech at SiGMA...

    Mar 28, 2023  

  • Jennifer Kartono named chief HR officer of Crane NXT
    Jennifer Kartono named chief HR officer...

    Mar 22, 2023  

More news
  • 3-month eVisa plan to boost Vietnam tourism: report
    3-month eVisa plan to boost Vietnam...

    Mar 28, 2023  

  • Kangwon Land slot brand Manila office eyes SE Asia sales
    Kangwon Land slot brand Manila office...

    Mar 28, 2023  


Latest News

Pagcor chairman keynote speech at SiGMA Asia

Pagcor chairman keynote speech at SiGMA Asia

Mar 28, 2023  

Alejandro Tengco (pictured), chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor), is to give the keynote speech for the opening of the SiGMA Asia conference for the...
Read More
3-month eVisa plan to boost Vietnam tourism: report

3-month eVisa plan to boost Vietnam tourism: report

Mar 28, 2023  

Kangwon Land slot brand Manila office eyes SE Asia sales

Kangwon Land slot brand Manila office eyes SE Asia sales

Mar 28, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The data and evidence on hand all point to the same conclusion: enough is enough. It is time to ban offshore gaming operations in the Philippines, once and for all”

Sherwin Gatchalian

Chairman of the Committee on Ways and Means of the Senate of the Philippines



Most Popular

  • Raffles hotel checks complete at Galaxy Phase 3: MGTORaffles hotel checks complete at Galaxy Phase 3: MGTO March 27, 2023
  • Melco’s Studio City has foreigner-only bet zone: checksMelco’s Studio City has foreigner-only bet zone: checks March 27, 2023
  • Foreigners can use HK-Macau free ticket says tourism bossForeigners can use HK-Macau free ticket says tourism boss March 27, 2023
  • Macau diversification into non-gaming to remain slow: FitchMacau diversification into non-gaming to remain slow: Fitch March 24, 2023
  • Philippine lawmaker wants POGOs shut within 3 monthsPhilippine lawmaker wants POGOs shut within 3 months March 27, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us