Vermont Business Magazine The Vermont Lottery Commission (VLC) announced today the resignation of Executive Director, Greg Smith, effective October 14. Smith is pursuing another opportunity after running Vermont's Lottery for over four years. A statement from the Lottery Commission said he is pursuing a new opportunity in Chicago, but did not say exactly where he is going or what the position is.
Greg Smith. Vermont Lottery Commission photo.
During Smith's tenure, Vermont Lottery sales and profits have grown by almost 20 percent, resulting in over $26 million being contributed to Vermont's Education Fund in the last fiscal year.
VLC Board Chairperson, Martha O'Connor of Brattleboro, said, "We are sorry to see Greg go but understand his decision. The Board has had a strong working relationship with him and wish him success in his new position."
Smith added, "I have thoroughly enjoyed my four years working with the VLC Board and Lottery staff. It makes me sad to think about leaving but I do not want to pass up this other offer. I hope my successor is able to reach the same satisfaction that I did in this job."
His wife, Tourism Commissioner Megan Smith, told vtdigger.org will serve out her term until January 2017.
The Vermont Lottery Commission will begin a search for a new Executive Director and work closely with the remaining management team to ensure the smooth operation of the lottery continues.
Source: Vermont Lottery Commission September 27, 2016