Light & Wonder CEO Jamie Cottle resigns; Matt Wilson appointed interim CEO

Light & Wonder, Inc.

Jamie Cottle resigns as President and CEO and from the Board effective August 30, 2022.
Board appoints Matt Wilson, EVP and Group CEO of Gaming, as interim President and CEO.
Cottle to provide consulting services for two years at $1.2M annual fee.
Board commences search for permanent CEO with external executive search firm.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Matt Wilson

Interim President and Chief Executive Officer

LNWO · Light & Wonder, Inc.

Effective: 2022-08-30
Filed: August 31, 2022, 7:59 PM ET

Effective as of the Transition Date, the Board has appointed Matt Wilson, Executive Vice President and Group Chief Executive of Gaming, to the additional role of interim President and Chief Executive Officer.

Departed

Jamie Cottle

President and Chief Executive Officer

LNWO · Light & Wonder, Inc.

Effective: 2022-08-30
Successor: Matt Wilson
Filed: August 31, 2022, 7:59 PM ET

Mr. Cottle has informed the Board of Directors (the “Board”) of Light & Wonder, Inc. (the “Company”) that he will resign as President and Chief Executive Officer and as a member of the Board, in each case, effective as of August 30, 2022 (the “Transition Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Matt Wilson was appointed as Interim President and Chief Executive Officer at Light & Wonder, Inc..

Action: appointed
Role: Interim President and Chief Executive Officer

Exact text from the filing

Effective as of the Transition Date, the Board has appointed Matt Wilson, Executive Vice President and Group Chief Executive of Gaming, to the additional role of interim President and Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jamie Cottle resigned as President and Chief Executive Officer at Light & Wonder, Inc..

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Cottle has informed the Board of Directors (the “Board”) of Light & Wonder, Inc. (the “Company”) that he will resign as President and Chief Executive Officer and as a member of the Board, in each case, effective as of August 30, 2022 (the “Transition Date”).

View on SEC.gov

Light & Wonder, Inc. filing history →

Source: SEC EDGAR

accession 0000950157-22-000979

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