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The Kentucky Lottery Corporation is Looking to Fill the Position of President & CEO

February 4, 2020 | Government

JOB TITLE:                President & CEO

 DEPARTMENT:        Executive

REPORTS TO:           Board of Directors

 LOCATION:              Louisville, KY

 JOB SUMMARY

The President & CEO provides overall leadership and strategic direction for the Kentucky Lottery Corporation (KLC) to maximize revenue for the Commonwealth of Kentucky while operating the business within a framework of public accountability.

The President & CEO of the KLC must reside in the Commonwealth of Kentucky following his or her confirmation and during his or her entire term of office.

 ESSENTIAL DUTIES/RESPONSIBILITIES

  • Oversees the development and implementation of the KLC mission and vision and overall strategic plan with the assistance of, and input from the Board of Directors, KLC management, representatives of state government, lottery industry representatives, and other sources of information reflecting the existing business climate.
  • Responsible for and directs though policies and procedures and otherwise, the recruitment, hiring, and compensation of all employees. Develops the skills and abilities of employees in order to meet the objectives of the organization. Creates a culture that encourages excellence in performance and positive employee relations.
  • Maintains positive relationships and an effective communication program with board members, the Governor, selected executive branch leaders and the General Assembly to ensure company objectives and activities are congruent with the goals and objectives of all stakeholders.
  • Directs the planning and implementation of the lottery’s administration and finance programs to follow statutory procedures and policies within the following major functional areas: procurement, general accounting procedures, budget development, and monthly and annual reports to the Governor and General Assembly.
  • Consistent with governing laws and the organizational bylaws, plans, develops, and implements policies, programs, and objectives of the KLC based on the organization’s strategic goals.
  • Appoints, directs and evaluates the organization’s executive staff. Develops the executive staff in order to realize their full potential.  Engages the executive staff in succession planning in order to prepare for the future success of the organization.
  • Stays abreast of current industry trends, changes in products and technology, changes in state and federal legislation, and current business practices and strategies to ensure sustained superior business results over time. Understands the unique structure of the lottery.
  • Serves as KLC’s primary representative for lottery industry business, professional, civic and community organizations. Such responsibilities may be delegated to other members of the senior management team at the discretion of the President & CEO.

KNOWLEDGE/SKILLS/EXPERIENCE

  • Bachelor’s Degree required, with an emphasis in business, public administration, management, sales/marketing, finance, or accounting, or in a related area.
  • MBA, MPA, Juris Doctor or other advanced degree or certification preferred.

Experience Required: 

  • Minimum of seven to ten years of successful progressive senior level management responsibilities.
  • Proficient financial and fiscal acumen. Experience with budget preparation/development, analysis, and reporting.
  • Organizational leadership experience through oversight or involvement in complete operations and evaluation of overall organizational success.
  • Broad functional business background including direct oversight or involvement in a variety of functional areas.
  • Involvement in achieving positive bottom line results.
  • Oversight of statutory compliance and corporate governance; high level of public accountability.
  • Leadership integrity: Proven track record of honesty, transparency, and ethical decision-making skills.
  • Effective communication skills including presentation skills, public speaking, consensus building and relationship skills. Ability to develop relationships and represent KLC effectively with various stakeholders from diverse backgrounds.
  • Strategic short and long-range planning skills and experience.

Experience Preferred: 

  • Marketing, retailing and sales experience.
  • Management experience in the lottery or gaming industry

Core Competencies:

  • Adhering to Principles and Values
  • Analytical Thinking and Problem Solving
  • Collaboration and Relationship Building
  • Resilience in Coping with Pressures and Setbacks
  • Deciding and Initiating Action
  • Entrepreneurial Thinking and Business Innovation
  • Formulating Strategies and Concepts
  • Persuading and Influencing/Relating and Networking
  • Inspiring Confidence and Creating Trust
  • Inclusivity and Team Building

SUPERVISORY RESPONSIBILITIES

 This position directly supervises, or has oversight of the following roles:

  • Executive Vice President/Chief Operating Officer
  • Executive Vice President/Chief Financial Officer
  • Senior Vice President, Information Technology/Chief Information Officer
  • Senior Vice President, General Counsel and Corporate Secretary
  • Senior Vice President, Communications, Public Relations & Social Responsibility
  • Senior Vice President, Sales & Marketing
  • Vice President, Internal Audit
  • Executive Assistant

WORKING CONDITIONS

  • Works in an office environment.
  • Travels frequently by car. May require overnight travel.

PHYSICAL REQUIREMENTS 

  • Ability to lift up to 20 lbs.: Occasionally
  • Standing or sitting: Frequently
  • Moving: Frequently
  • Reaches, writing, fingering, typing: Frequently
  • Talking and/hearing: Continuous
  • Seeing: must be able to read reports and use a computer: Continuous
  • Sit for long periods of time: Frequently

BENEFITS

We offer a comprehensive employee benefits package including medical, dental, vision, wellness program, health savings account, flexible spending accounts, company paid life insurance, supplemental life insurance, company paid short-term and long-term disability, voluntary benefit plans, generous paid time off plans, retirement plans – including 401(k), 457(b), IRAs, and a money purchase retirement plan in which the company contributes a portion of your base pay.

TO APPLY

  • Interested candidates may send their resume and salary expectations to: klcjobs@kylottery.com
  • Please indicate “Position #2020” in the subject line of your e-mail.
  • We will only contact candidates who match the qualifications for this role and who are selected for the next steps in the talent acquisition process.

Equal Employment Opportunity Employer

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