Former Novomatic Chief Executive Officer Harald Neumann has been appointed CEO of Australian slot machine company Ainsworth Game Technology following the sudden departure of his predecessor, Lawrence Levy.
Ainsworth announced Wednesday that Levy will resign as CEO this Friday 10 September, citing personal reasons for his departure.
Neumann, who spent a decade with Novomatic before stepping aside in February 2020, will assume his new role from 1 October 2021 pending receipt of regulatory approvals. He has been a director of Ainsworth since 2017 but will take on an executive capacity as part of his latest position.
Ainsworth CFO Mark Ludski will serve as interim CEO until Neumann’s appointment takes effect.
Chairman Danny Gladstone said, “On behalf of the Board, we thank Lawrence for his contribution. Lawrence has decided to resign for personal reasons and we wish him well.
“We are fortunate to be able to appoint Harald as our new CEO. As the former successful CEO of Novomatic AG, he brings a wealth of knowledge and experience to the role with a thorough understanding [Ainsworth]. He will be able to seamlessly transition to the position.
“Harald will be based in Las Vegas where he can lead [Ainsworth] in our largest market, continuing toi drive growth and recovery.”