secwatch.observer — SEC 8-K summary
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Issuer:     Light & Wonder, Inc. (LNWO)
CIK:        0000750004
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0000950157-22-001107
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Light & Wonder names Matt Wilson President & CEO, Siobhan Lane Gaming CEO
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- Wilson appointed President & CEO and to the Board effective Oct 10, 2022; he had served as interim CEO since August 2022.
- Compensation includes $1.3M base salary, 100% of base target bonus, equity awards at 300% of base.
- Siobhan Lane named Executive VP and Group CEO of Gaming; previously SVP and Chief Commercial Officer.
- Board unanimously selected Wilson, citing his track record and role in transforming the business.
- Wilson previously CEO of Gaming business; Lane has over 12 years at Aristocrat and led Gaming commercial operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750004/000095015722001107/0000950157-22-001107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750004/000095015722001107/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-22-001107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer