Ainsworth Announces Appointments

Ainsworth Game Technology last week made several appointments and updated the relationship with Novomatic, which last year bought the shares of former Chairman Len Ainsworth, giving it the majority of ownership in AGT. Harold Neumann (l.), Novomatic’s CEO and chairman, becomes non-executive board member of AGT.

Ainsworth Game Technology continues the momentum with a series of key appointments surrounding its executive leadership and Novomatic integration as it strengthens and expands its business.

Ainsworth has recently announced a series of key leadership appointments across the organization as it strengthens and expands its business.

Kieran Power to the role of chief technology officer. Kieran Power will lead Ainsworth product and game design, software and hardware, innovation, and global research and development strategies. Reporting to CEO Danny Gladstone, he will also be responsible for the delivery of the Novomatic AG product synergies.

In his last role at Aristocrat Leisure Ltd., Power led the formulation and execution of a detailed Advance Products Strategy. He built and managed an agile team including software and hardware engineers, mathematicians, artists and project managers located in Sydney, Las Vegas and India. Power was previously global intellectual property manager for Aristocrat Leisure Ltd.

Graeme Campbell has been appointed as chairman. Campbell has been the lead independent non-executive director since 2013 and has specialized in the area of liquor and hospitality for over 30 years in corporate consultancy services with particular emphasis on hotels and registered clubs.

Harold Neumann has been appointed as a non-executive director. Neumann is currently Novomatic AG’s CEO and chairman and a career spanning over 20 years of experience gained in leading technology companies. Prior to joining Novomatic in 2011, Neumann was CEO of G4S Security Services Austria AG, the Austrian subsidiary of one of the world’s leading integrated security companies.

Len Ainsworth—described as the invictus one—has always been fearless and undefeatable in both business and life. Long-recognized for his commitment and contributions to Ainsworth and the industry as a whole, Ainsworth is now 94 years old year and will continue to advise and serve the company as an ambassador.

“These recent appointments reflect a continued strengthening of our executive team as we pursue key strategic and operational benchmarks across the domestic and international markets we serve.” Gladstone noted.

Novomatic Integration

Now to the most significant event of 2017 and a relationship that can shape Ainsworth’s future.

“On behalf of my fellow directors, management and staff we are delighted to welcome Novomatic to Ainsworth as a prospective majority shareholder. Regulatory approvals and the licensing process are proceeding well to enable the completion of this transaction,” said Ainsworth CEO Danny Gladstone.

Novomatic is a highly regarded and successful international gaming company with an extensive library of games and technologies. There are positive synergies being created through this business relationship. Ainsworth has already made progress in exploring their game library and cooperating in the key North American market. Ainsworth has a scheduled game release for Europe and Novomatic venues and are in the process designing a framework to increase efficiencies of multi-language games.

Throughout 2017 Ainsworth will be focused on continuing to build a stronger, more diversified and profitable global gaming and technology Group. “All across the world for Ainsworth, you’re going to see tremendous steps forward with game content and the game library.” Gladstone added.