Light & Wonder CFO resigns effective Aug 25; interim CFO appointed; reaffirms 2025 AEBITDA target

Light & Wonder, Inc.

CFO Connie James steps down on Aug 25, 2023 to pursue opportunity outside gaming; no disagreements with board.
Oliver Chow, current SVP of Corporate Finance, will serve as interim CFO starting Aug 25.
Board has initiated a search for a permanent CFO, engaging a leading executive search firm.
Company reaffirms $1.4B consolidated AEBITDA target by 2025, noting strong 2023 financial performance.
James departure not related to operations, policies, or accounting integrity; transition described as smooth.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Oliver Chow

interim Chief Financial Officer and principal accounting officer

LNWO · Light & Wonder, Inc.

Effective: 2023-08-25
Filed: July 3, 2023, 7:59 PM ET

Effective as of the Transition Date, Oliver Chow, the Company’s current Senior Vice President of Corporate Finance, will assume the role of interim CFO and principal accounting officer

Departed

Constance P. James

Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary

LNWO · Light & Wonder, Inc.

Effective: 2023-08-25
Successor: Oliver Chow
Filed: July 3, 2023, 7:59 PM ET

On June 27, 2023, Constance P. James notified Light & Wonder, Inc. (the “Company”) that she will resign as its Executive Vice President, Chief Financial Officer (“CFO”), Treasurer and Corporate Secretary and principal accounting officer, effective as of August 25, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Oliver Chow was appointed as interim Chief Financial Officer and principal accounting officer at Light & Wonder, Inc..

Action: appointed
Role: interim Chief Financial Officer and principal accounting officer

Exact text from the filing

Effective as of the Transition Date, Oliver Chow, the Company’s current Senior Vice President of Corporate Finance, will assume the role of interim CFO and principal accounting officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Constance P. James departed as Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary at Light & Wonder, Inc..

Action: resign
Role: Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary

Exact text from the filing

On June 27, 2023, Constance P. James notified Light & Wonder, Inc. (the “Company”) that she will resign as its Executive Vice President, Chief Financial Officer (“CFO”), Treasurer and Corporate Secretary and principal accounting officer, effective as of August 25, 2023

View on SEC.gov

Light & Wonder, Inc. filing history →

Source: SEC EDGAR

accession 0000950157-23-000735

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