Accel Entertainment Announces Leadership Changes and CEO Succession
Accel Entertainment Implements Key Executive Changes
Accel Entertainment, a prominent operator in the US gaming industry, recently declared significant changes within its executive leadership and board of directors. A major highlight of the announcement was the plan for a future CEO transition.
New Roles and Board Appointments Take Effect Immediately
The company’s founder and current CEO, Andy Rubenstein, has been appointed as the chairman of the board. Meanwhile, Mark Phelan, who serves as the president of US gaming operations, has taken on an additional role as chief operating officer. Furthermore, Karl Peterson has joined the board as the lead independent director. These changes are already in effect.
Looking ahead, Mark Phelan is set to succeed Rubenstein as both CEO and president on August 7, 2026. At that time, Phelan will also become a member of the board of directors. These adjustments reflect Accel Entertainment’s dedication to strong corporate governance and a clear leadership succession plan.
Outgoing CEO Confident in Successor’s Capabilities
Andy Rubenstein expressed his full confidence in Mark Phelan’s ability to lead the company moving forward. Rubenstein praised the company’s impressive growth and current standing, and he is eager to support its continued success in his new role as chairman.
As chairman, I look forward to working closely with Mark and the board to strengthen Accel’s position as a leading industry player and create lasting value for our shareholders.
Andy Rubenstein, Chairman, Accel Entertainment
Rubenstein also emphasized that Phelan is well-prepared to handle the responsibilities of the CEO role.
New CEO Pledges Focus on Execution and Growth
Mark Phelan expressed gratitude to Rubenstein and the board for their trust and promised to maintain disciplined execution and consistent operations across the company’s markets. His commitment is to enhance the experience for location owners and players, seize growth opportunities, and build long-term shareholder value.
My priority will be strict execution—enhancing the experience for our partners and players, ensuring steady performance, operating efficiently, identifying new growth avenues, and delivering sustained value to shareholders.
Mark Phelan, Upcoming CEO, Accel Entertainment
Board Endorses Transition to Support Continued Growth
Karl Peterson echoed the board’s view that this is an ideal time to transition leadership roles smoothly to support the company’s ongoing expansion. He highlighted the unanimous belief that Rubenstein’s move to chairman will benefit Accel Entertainment as it moves forward.
