Light & Wonder’s Connie James to step down

Executive vice president, CFO, treasurer and corporate secretary of Light & Wonder Connie James is to step down from August 25.

She is stepping away to pursue professional goals outside the gaming industry.

The company is searching for a permanent successor, but in the meantime, current senior vice president of corporate finance Oliver Chow will serve as interim CFO.

“Connie has played a key role in advancing Light & Wonder’s cultural and financial transformation, which has led to operational excellence, double-digit growth and a strengthened balance sheet,” said Matt Wilson, CFO of Light & Wonder. “She also helped us build a deep and talented finance team that will help provide a smooth transition to the next chapter of financial leadership within the company. On behalf of the board and management team, I wish her well in her future endeavours.”

Ms. James said: “Serving alongside such a talented team has been a highlight of my career, and I am very proud of what we’ve accomplished together. We have scaled our business, evolved our capital allocation strategy and driven considerable efficiencies that have created a stronger, more flexible Light & Wonder. I am confident that Light & Wonder is well-positioned for continued success, and I am focused on ensuring a seamless transition over the coming months.”

“We are pleased and fortunate to have a leader of Oliver’s calibre step into the role of interim CFO,” Wilson added. “With more than 15 years of entertainment and gaming leadership experience and deep financial expertise, we are confident that Oliver is well-positioned to support the continued execution of our financial priorities while the board conducts its search.”