Ainsworth Gaming Group announced that Harald Neumann has been appointed as the company’s new Chief Executive Officer.

LAS VEGAS, NEVADA (Sept. 8, 2021) — Mr. Harald Neumann will be appointed as new Chief Executive Officer (CEO) of Ainsworth Game Technology (AX: AGI) on October 1, subject to regulatory clearances and the fulfillment of contractual formalities.

He has been a non-executive member of Ainsworth’s Board of Directors since 2017 and will continue in that position as an executive.

Mr. Lawrence Levy will leave his position as CEO on September 10th. Mr. Levy said that he took this tough choice for personal reasons.

Ainsworth Chairman Danny Gladstone stated, “We are delighted to be able to select Harald as our next CEO.” “As the former CEO of Novomatic AG, our largest shareholder, and a director of AGT, he brings a lot of experience and expertise to the position, as well as a deep grasp of Ainsworth.”

Mr. Neumann will be located in Ainsworth’s North American headquarters in Las Vegas, where he will be responsible for driving the company’s biggest market’s growth.

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Prior to Mr. Neumann’s appointment, Chief Financial Officer Mark Ludski will serve as Interim Chief Executive Officer.

“On behalf of the Board of Directors, we appreciate Lawrence for his efforts during difficult circumstances and wish him well,” Mr. Gladstone stated.

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