Ainsworth Game Technology has begun the search for a new chief executive following the resignation of Harald Neumann.
Neumann had served as CEO of Ainsworth since October 2021 but has been forced to resign after his application for licensure in Nevada was referred back to the Nevada Gaming Control Board (NGCB), alongside a recommendation that he withdraw his application.
Ainsworth chairman Danny Gladston confirmed last week that the company’s board was undertaking a review of Neumann’s role following the outcome of the NGCB meeting.
In a statement Monday, Ainsworth announced that Neumann had resigned as CEO with immediate effect, with the board acknowledging Neumann’s contribution during his tenure.
A comprehensive search process is to be undertaken for a permanent CEO, with both external and internal candidates being considered.
In the interim, Ainsworth chief operating officer Ryan Comstock, who is currently based in Las Vegas, will take over as acting CEO.
Comstock joined Ainsworth in 2012 and was promoted to COO in 2018. Prior to joining Ainsworth, he spent nearly a decade within Deloitte’s audit and assurance practice. He also serves as chair of the Association of Gaming Equipment Manufacturers.
Shares in Ainsworth Game Technology Ltd (ASX:AGI) closed 1.40 per cent lower at A$1.06 per share in Sydney Monday.