Ainsworth confirms departure of Danny Gladstone as CEO

Industry games manufacturer Ainsworth Game Technology has confirmed that Danny Gladstone, will be stepping as Group CEO in 2019.

Filing an Australia ASX update, Ainsworth governance confirms that Gladstone will depart corporate leadership on 30 June 2019.

Gladstone has served as CEO of Ainsworth since 2007, leading the games manufacturer through a number of transitions and expanding the firm’s services and gaming verticals.

In recent years, industry technology group Novomatic has moved to expand its shareholding in Ainsworth to +51%, whilst maintaining the company as an ASX enterprise.

Graeme Campbell Executive Chairman of Ainsworth, detailed that the company governance has begun its search for Gladstone’s replacement, in which Gladstone will serve as an advisor.

“While there will be a more appropriate time to formally thank Danny, I would like to state that he has been an excellent CEO for AGT,”

“He has successfully driven significant international expansion and growth in recurring revenues.

“Ainsworth is much stronger for Danny’s contribution. We are delighted he will continue to assist us in the future. A thorough and extensive search process will be undertaken to secure a new CEO who can lead AGT to the next stages of growth and profitability.”