Novomatic CEO Harald Neumann announced his resignation last week for family reasons, effective immediately. Neumann had served as Novomatic’s leader for the last six years and led an impressive growth of the European manufacturing giant. He was appointed CEO in October 2014 after serving as the leader of Novomatic subsidiary Austrian Gaming Industries.
Although he is leaving immediately, he will remain on the company’s advisory board and consult on the company’s planned international expansion.
There was no announcement of his successor, but reports quickly surfaced that he ma not be replaced, but his duties will be performed by current COO Ryszard Presch and CFO Johannes Gratzl.
“On behalf of company founder Johann Graf and the Novomatic supervisory board, I would like to thank Mr. Neumann for his great commitment over the past six years,” said Dr. Berndt Oswald, the chairman of the Novomatic supervisory board.
Novomatic recently celebrated its 40th anniversary, with more than 255,000 gaming and video lottery terminals in operation around the world. The company employs more than 30,000 people and has sales totaling approximately €2.6 billion.
