Ainsworth Game Technology (AGT) has confirmed that its former CEO Danny Gladstone will take up the position of Chairman of the Board following its most recent AGM.
Gladstone, who will take over from outgoing Chairman Graeme Campbell, stepped down as AGT’s CEO back in June. AGT has since confirmed, however, that Campbell will remain on the board as Lead Independent Director.
AGT CEO Lawrence Levy commented on the most recent appointment: “We are pleased to welcome Danny to his new position as Chairman of Ainsworth Game Technology following the AGM.
“This appointment provides us with a greater ability to utilise Danny’s vast industry experience and strong customer relationships. I look forward to working closely with him to drive future growth and profitability.
“We are also re-instating the role of Lead Independent Director. This recognizes the importance of governance and independence in ensuring the Board operates effectively.
“Graeme will provide leadership to the independent directors and advise the Board on matters where there may be an actual or perceived conflict of interest. We appreciate Graeme’s much-valued contribution to Ainsworth and we look forward to working with him in this role.”
The board reshuffle follows on from a number of board and management changes aimed at reinvigorating the Australian slot machine developer, which included the appointment of Levy as CEO.