Ramesh Srinivasan was named President and Chief Executive Officer of Bally Technologies in December 2012 after being promoted to President and Chief Operating Officer in March 2011. He joined Bally in 2005 as Executive Vice President of Systems, responsible for the Systems business unit.
Ramesh’s varied and significant experience with application software proved key as he led Bally’s Systems division to record revenues and customer-satisfaction levels and helped position Bally as the global leader in Gaming Systems. Since March 2011, Ramesh has led Bally to nine consecutive quarters of year-over-year earnings per share growth. During Ramesh’s tenure, Bally’s market cap has increased approximately four-fold and the stock price has risen over six-fold. During the same time period the stock price of Bally’s three major competitors has declined by an average of 15%. In 2013, Ramesh played an integral role in the $ 1.3 billion acquisition of SHFL entertainment – the biggest acquisition in the history of Bally Technologies.
Prior to joining Bally, Ramesh was Executive Vice President, Warehouse Management Systems, with Manhattan Associates, a leader in supply-chain execution software solutions. Manhattan Associates grew rapidly during the approximately seven years Ramesh was with the Company.
Ramesh earned his Bachelor’s degree in Metallurgical Engineering from IIT-BHU, Varanasi, India, where he was named “Best Graduating Student” (1982) by the Metallurgical Engineering Department. He then completed his PGDM (Post-Graduate Diploma in Management − MBA) from the Indian Institute of Management, Bangalore, India in 1984.
In 2006 and 2010, Global Gaming Business magazine named Ramesh “One of the Top 25 Personalities to Watch” in the gaming industry, making him the only gaming-industry professional to have been named twice in this past decade.