Novomatic

Harald Neumann ends tenure as Novomatic CEO

Austrian gambling technology conglomerate Novomatic AG has confirmed that Harald Neumann has handed his resignation as Group Chief Executive.

Issuing a corporate statement this weekend, Novomatic governance disclosed that Neumann had resigned from CEO duties on Saturday 29 February, ending his six-year tenure as company leader.

Novomatic governance detailed that Neumann had chosen to leave leadership of the technology group’s executive team citing ‘family reasons’.

Despite the resignation, Neumann will maintain supervisory board functions and continue to advise Novomatic on ongoing international expansion projects.

Updating investors, Novomatic governance confirmed that Neumann’s day-to-day leadership responsibilities have be co-shared by Group COO Ryszard Presch and Group CFO Johannes Gratzl.

Novomatic Chairman Dr Bernd Oswald commented on the departure: “On behalf of company founder Prof. Johann Graf and the supervisory board of NOVOMATIC AG, I would like to thank Harald  for his great commitment as chairman of the management board over the past six years”

“Harald has made a significant contribution to the successful expansion of the group. His personal wish to resign from his position at the end of the month was granted with regret.”

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