Ainsworth Game Technology announced today that Harald Neumann will be the new chief executive officer as of October 1, subject to regulatory approvals and the completion of contractual details.
Neumann has served on Ainsworth’s board of directors in a non-executive capacity since 2017 and will continue in that role in an executive capacity.
Lawrence Levy will be stepping down as CEO, effective September 10. Levy announced that this difficult decision was made for personal reasons.
“We are fortunate to be able to appoint Harald as our new CEO,” said Ainsworth Chairman Danny Gladstone. “As the former CEO of Novomatic AG, our major shareholder, and a director of AGT, he brings a wealth of knowledge and experience to the role with a thorough understanding of Ainsworth.”
Neumann will be based in Ainsworth’s North American headquarters in Las Vegas, where he will focus on driving growth in the company’s largest market.
Chief Financial Officer Mark Ludski will serve as interim CEO prior to Neumann starting in the position.