Matt Wilson Becomes Interim CEO for Light & Wonder
Light & Wonder, formerly SG Digital and Scientific Games, has announced the appointment of Executive Vice President and Group Chief Executive of Gaming Matt Wilson as interim CEO.
Wilson is set to continue in his current role while outgoing President and CEO Barry Cottle will work as a consultant to ensure a smooth transition.
Speaking about the change in personal, Light & Wonder Executive Chair Jamie Odell said that the company is “confident” that now is the right time to make the transition as they work towards establishing themselves as the leading cross-platform global game company.
Our Executive Vice Chair, Toni Korsanos, and I have worked closely with Matt for over 10 years, including most recently as he has successfully worked to turn around and reposition Light & Wonder’s Gaming business for long-term growth. We are confident that his strategic insights, deep industry knowledge, rich experience and impressive track record make him the ideal person to serve as interim CEO during this transition period.
Light & Wonder’s board has now started looking for a permanent CEO and to aid them, they have employed a national executive search firm. The company said that the search is based upon their succession planning process and they will be looking at both internal and external candidates.
Speaking about his appointment, Wilson said that he is “honoured to take on the role of interim CEO during this exciting time for our company.” He said that he thinks that the company is “now better positioned than ever” to take advantage of future opportunities thanks to its “streamlined organisation, sharpened strategic focus and strengthened balance sheet”.
Wilson added, “I look forward to working closely with the rest of the leadership team in this new capacity as we continue to accelerate our progress as a sustainable growth company.”