secwatch.observer — SEC 8-K summary
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Issuer:     Light & Wonder, Inc. (LNWO)
CIK:        0000750004
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0000950157-25-000532
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Light & Wonder EVP/CLO James Sottile to retire Dec 31, 2025; Susan Dawson named successor
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- James Sottile will retire as EVP/CLO/Corporate Secretary effective Dec 31, 2025.
- Susan Dawson, current SVP/Deputy General Counsel since 2018, will assume CLO/Corporate Secretary role.
- Sottile will provide consulting services in 2026 for monthly fee of $11,959 (20% of 2025 base salary).
- Employment agreement amended to extend through 2025; equity awards subject to retirement vesting policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750004/000095015725000532/0000950157-25-000532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750004/000095015725000532/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-25-000532

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