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Matt Wilson has been confirmed as President and Chief Executive Officer of Light & Wonder, as well as a member of the company’s board, effective immediately.

This comes after he occupied the position of Interim CEO from August 2022 as part of a leadership transition following the departure of Barry Cottle.

“The board of directors unanimously determined that Matt is the right choice to lead Light & Wonder’s next chapter given his impressive track record, extensive industry experience and his pivotal role in transforming our business,” explained Jamie Odell, Executive Chair of the Light & Wonder board of directors. 

“Matt has demonstrated impressive leadership, strategic vision and a passion for our business. He fully embodies the Light & Wonder culture rooted in embracing innovation, a player-first mentality and a deep commitment to performing and winning as a team. 

“The board is confident in Matt’s ability to unlock the full potential of Light & Wonder as we enter this exciting next chapter.”

Wilson had previously served as CEO of the Light & Wonder gaming business after joining the company in May 2022, before which he enjoyed a near 16 year spell at Aristocrat where he progressed from Graduate Trainee to President and Managing Director of the Americas.

“I am honoured that the board has put their trust in me to lead Light & Wonder as we work to capture the incredible opportunities ahead,” commented Wilson. 

“I am excited to work with the best team in the business as we chart our cross-platform future. With a portfolio of unparalleled evergreen franchises, industry leading positions and unmatched platforms, combined with a strengthened balance sheet, we are well-positioned to drive substantial growth and shareholder value.”

Furthermore, following this appointment it has also been disclosed that Siobhan Lane, Senior Vice President and Chief Commercial Officer of Gaming, has been named CEO of Gaming.

“I am very pleased to announce Siobhan Lane’s appointment as our Gaming CEO. Siobhan has played a pivotal role in helping me lead the gaming business since joining the company in 2020, and her strong leadership and depth of experience have helped drive our success,” Wilson added.

“Siobhan has been critical to our efforts to reposition the business and is one of the most strategic and capable leaders I have had the pleasure of working alongside. 

“I look forward to continuing to collaborate with Siobhan in this new role and am confident that under her leadership, our gaming business is well-positioned for continued growth.”