Ainsworth Game Technology announced that Harald Neuman, the former chief executive of Ainsworth’s majority owner, Austria’s Novomatic Group, as Ainsworth’s new chief executive officer, effective October 1.
Neumann will replace Lawrence Levy, who resigned as Ainsworth CEO effective September 1, citing personal reasons.
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.
“We are fortunate to be able to appoint Harald as our new CEO,” said Ainsworth Chairman Danny Gladstone. “As the former successful 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 be focused 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.
“On behalf of the Board of Directors, we thank Lawrence for his contribution through challenging times and we wish him well,” Gladstone said.