Light & Wonder, Inc. (NASDAQ and ASX: LNW) proudly announces the appointment of Michael Marchetti to its Board of Directors.
This strategic move follows Light & Wonder's acquisition of SciPlay Corporation last October, solidifying the company's commitment to enhancing its leadership team.
Michael Marchetti, a former director of SciPlay Corporation, brings a wealth of mobile gaming experience and a robust financial background to the Light & Wonder Board. His appointment as an independent director reflects the company's dedication to leveraging expertise for the benefit of its shareholders.
Expressing optimism about the new addition, Jamie Odell, Executive Chair of Light & Wonder, stated, "We are pleased to welcome Michael to the Light & Wonder Board as a new independent director. Michael has a wealth of mobile gaming experience and a strong financial background that will help us continue to maximize value for our shareholders."
Mr. Marchetti, excited about joining Light & Wonder, remarked, "Light & Wonder is operating from a position of strength, and I look forward to applying my experience and passion for the business, along with my fellow directors, to deliver value to the shareholders of this great company."
With an extensive career spanning leadership roles at prominent financial institutions and gaming companies, including Merrill Lynch, Electronic Arts, and Buffalo Studios, Mr. Marchetti currently serves as the CFO of Age of Learning, Inc.
Effective January 15, 2024, Mr. Marchetti's appointment is a strategic move as Light & Wonder gears up for this year's annual meeting, where he will stand for re-election.
The company remains committed to fostering innovation and expertise within its leadership for the benefit of its stakeholders.
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