Josh Wilson will leave the social casino business after more than two decades of service
Light & Wonder has confirmed that Josh Wilson will be stepping down as CEO of the company’s social casino business, SciPlay, at the end of October.
Wilson has been with SciPlay for more than two decades, including the last seven years as CEO, overseeing significant milestones such as the company’s IPO and its subsequent acquisition by Light & Wonder.
He will step down on October 30 at the conclusion of his current contract term.
Light & Wonder has commenced a search for Wilson’s successor, with chief financial officer Oliver Chow taking over the role on an interim basis from November 1.
Chow will continue in his role as CFO of Light & Wonder.
“Josh has made a substantial contribution to SciPlay over more than two decades, taking the business through its initial public offering and building a portfolio of leading social casino titles alongside a strong team and culture,” said Light & Wonder president and CEO Matt Wilson. “On behalf of the Board and the leadership team, I thank him for that contribution and wish him well.
“We are taking the time to appoint the right leader for SciPlay’s next phase. In the meantime, Oliver will work closely with the talented and experienced SciPlay leadership team, whose deep knowledge of the business, brands and players will provide important continuity as we move through this transition. Our confidence in the social casino category, in SciPlay’s brands and in the opportunity to grow direct-to-consumer remains unchanged.”
Shares in Light & Wonder Inc (ASX:LNW) closed 8.17 per cent lower at A$113.57 per share in Sydney Thursday.