Ainsworth gives the CEO role to company veteran Ryan Comstock
Shares in Ainsworth Game Technology gained more than 5 per cent on Monday after the company named a permanent chief executive officer.
Ainsworth has been searching for a chief executive since the October 2025 resignation of Harald Neumann, who stepped down after failing to secure license approval from Nevada Gaming Control Board.
Since then, the company has been led by chief operating officer and acting CEO Ryan Comstock, who was today named permanent CEO.
Comstock has been with Ainsworth since 2012 and became chief operating officer in 2018.
In his new role as chief executive, Comstock will receive a base salary of US$625,000 per year, alongside short and long-term incentives.
The company said a statement Monday that Comstock has all of the necessary attributes and experience to lead the business, noting his performance in the past six months as acting CEO.
Importantly, Comstock has obtained the required gaming regulatory licensing approvals.
Shares in Ainsworth Game Technology Ltd. (ASX:AGI) gained 5.38 per cent on the news to close at A$1.37 per share in Sydney Monday.