Pollard Banknote Welcomes Margaret R. Defrancisco, Lottery Industry Leader
Wednesday, February 6, 2013 at 03:07PM WINNIPEG, Manitoba, February 6, 2013 – Pollard Banknote Limited (TSX: PBL) (Pollard Banknote) is
pleased
to announce that Margaret R. DeFrancisco has joined the company as Senior Vice President, Corporate
Development. In this newly established role, Ms. DeFrancisco will report directly to Doug Pollard,
Co‐Chief Executive Officer, and will help shape Pollard Banknote’s corporate strategy as the
company continues to explore innovative and viable avenues for increasing lottery revenues and
funding for worthy causes.
Ms. DeFrancisco brings a wealth of knowledge and experience to her new position at Pollard
Banknote. For nearly nine years, she served as President and Chief Executive Officer of the Georgia
Lottery Corporation, where she oversaw sales growth from $2.6 billion in FY 2003 to a record $3.8
billion in FY 2012. Prior to that, Ms. DeFrancisco was the Director of the New York Lottery. Under
her leadership, the Lottery’s sales increased from $3.6 billion in FY 1999 to $5.4 billion in FY
2003, making it the largest lottery in the United States.
“Pollard Banknote is thrilled to welcome Margaret DeFrancisco to our team,” said Doug Pollard.
“Margaret’s esteemed reputation and remarkable success within the lottery industry will be a valued
addition to our company and an excellent resource for our customers. Her expert understanding of
all facets of the lottery business will greatly benefit Pollard Banknote’s ability to provide our
customers with the very best products and services in the industry, as well as strategic advice
that will undoubtedly drive sales.”
Ms. DeFrancisco remarked, “I am eager to embark on this new role with Pollard Banknote. Working
with them throughout my lottery career has given me firsthand insight into the company’s innovative
products and outstanding customer service. They are an exceptional team, which I am now fortunate
enough to be a
part of.”