Ainsworth Game Technology (AGT) has appointed Novomatic chairwoman Birgit Wimmer as a non-executive director of the company.
Wimmer was recently appointed chairwoman of the Supervisory Board of Novomatic, which owns a 66.84 per cent controlling stake in Ainsworth.
She also serves as a Board Member of Novum Swiss AG, a Swiss holding and management company that owns 10 per cent of Novomatic, and managing director of Novo Invest, an Austrian holding company that owns 90 per cent of Novomatic, of which Wimmer is a 5 per cent shareholder.
Prior to her current roles in Novomatic and its holding companies, Wimmer worked in investment banking with Girozentrale and CAIB Investment Bank in London and Prague. She has also previously held non-executive board positions at ACE Beteiligungsmanagement (chairwoman), Casino Bad Ragatz, MCL-Resorts, Casino Interlaken and Casino Locarno.
She currently holds gaming related licenses in Australia, Europe, Canada and the United States.
“We welcome Birgit as a non-executive director of AGT,” said chairman Danny Gladstone. “Given her extensive knowledge of international gaming gained through her corporate experience at Novomatic AG we believe she will complement the Board’s current skills and provide added value to Board deliberations.”
In light of the directorships and shareholding interest in Novomatic, Novum Swiss and Novo Invest, Ainsworth’s Board does not consider Wimmer to be an independent director of the company.
Accordingly, strict governance protocol will be initiated to ensure Wimmer does not participate in any matters that could or could be perceived to give rise to a conflict of interest.
Wimmer will hold office until Ainsworth’s 2026 Annual General Meeting, when she will stand for re-election in accordance with the company’s constitution.
Shares in Ainsworth Game Technology Ltd (ASX:AGI) closed 4.03 per cent lower at A$1.19 per share in Sydney Friday.