Light & Wonder’s CFO, Connie James, departs for pastures new
James will be replaced as CFO on a temporary basis by Oliver Chow, the current SVP of Corporate Finance.
Light & Wonder has revealed that its EVP, CFO, Treasurer and Corporate Secretary – the multi-talented Connie James – is stepping down from her roles and departing the company as of 25 August.
The reason given for James’ departure was credited to a wish to try a new career role outside of the gaming industry.
Commenting on her departure, James stated: “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.”
After she leaves her post, James will be replaced as CFO by Oliver Chow – Light & Wonder’s current SVP of Corporate finance – on an interim basis, giving the company time to appoint a new CFO.
In its search for a new CFO, Light & Wonder has enlisted the help of a ‘leading’ firm to assist with the process.
Chow joined Light & Wonder in October 2022 and Matt Wilson, CEO of Light & Wonder, said of his temporary position: “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.”
Furthermore, speaking of James’ departure, Wilson added: “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.
“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.”
Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.
