Casino games provider Light & Wonder has appointed Oliver Chow as executive vice president, chief financial officer (CFO) and Treasurer.
Chow has served as interim CFO since August, having joined the supplier as senior vice president of corporate finance in October 2022.
“After a thorough search by the Board and the leadership team, I’m pleased to appoint Oliver as our CFO,” said Light & Wonder chief executive Matt Wilson. “Over the last four months, we’ve all been impressed with Oliver’s ability to seamlessly step into the role of chief financial officer.
“With more than 15 years of entertainment and gaming leadership experience and deep financial expertise, Oliver was the candidate best positioned to lead us forward. His attention to detail, combined with his willingness to take on a wider variety of challenges within the organization with ease, has made us resolute in our decision.”
Commenting on his appointment as permanent CFO, Chow said: “It is a privilege to be appointed as Light & Wonder’s CFO. I’m excited to work with the company’s leadership and Board to execute on our clear strategy and build on our strong financial profile. I am looking forward to supporting the organization to further enable growth, margin expansion, and financial execution.”
Shares in Light & Wonder Inc (NASDAQ:LNW) closed 1.23 per cent lower at $83.45 per share in New York Thursday.