Scott D. Schweinfurth was named Executive Vice President, Chief Financial Officer and Treasurer of WMS Industries in April 2000. Mr. Schweinfurth, a Certified Public Accountant, manages finance, accounting and investor relations. Mr. Schweinfurth has steered WMS to its excellent financial position, overseeing the company's increasing gaming revenue, which was up 20 percent in fiscal 2007. Also under Mr. Schweinfurth's fiscal guidance, WMS saw its gross profit margin increase to 57 percent, and its operating margin increased to 14 percent as well. With the expectation of new revenue and profit streams from numerous initiatives, Mr. Schweinfurth is well poised to strengthen WMS's financial standing. Prior to joining WMS, Mr. Schweinfurth served as Senior Vice President, Chief Financial Officer and Treasurer of Las Vegas-based Bally Technologies. At Bally, Mr. Schweinfurth also served as Managing Director of the company's Berlin-based Bally Wulff subsidiary for a brief period. He began his career as a Staff Accountant at Ernst & Young in Chicago, and was promoted to Partner in 1988. Mr. Schweinfurth is a member of the Accountancy Advisory Group at Miami University. |