Global gaming supplier Light & Wonder, Inc has announced the appointment of former SciPlay Corporation director Michael Marchetti as a member of its Board of Directors.
Marchetti’s appointment will become effective as of 15 January 2024 before standing for re-election at this year’s AGM, the company explained.
“We are pleased to welcome Michael to the Light & Wonder Board as a new independent director,” said Light & Wonder Executive Chair, Jamie Odell. “Michael has a wealth of mobile gaming experience and a strong financial background that will help us continue to maximize value for our shareholders.”
According to information provided by Light & Wonder, Marchetti has held various leadership positions in both financial institutions and gaming companies throughout his career, including at Merrill Lynch, Electronic Arts and Buffalo Studios. He currently serves as the CFO of Age of Learning, Inc and was a director of SciPlay before Light & Wonder acquired all remaining public shares of SciPlay in October.
“I’m excited to join the Light & Wonder Board at this time,” said Marchetti. “Light & Wonder is operating from a position of strength and I look forward to applying my experience and passion for the business, along with my fellow directors, to deliver value to the shareholders of this great company.”