- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
AGT Parts Ways with CTO Bollesen with Immediate Effect
The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect”
Ainsworth Game Technology (AGT) is parting ways with David Bollesen, its chief technology officer. The news was confirmed on May 16 in an official ASX announcement.
The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect.” The company acknowledged his contributions and expert input and wished him all the best.
AGT, however, did not provide an official reason for Bollesen’s departure.
AGT’s chief executive officer, Harald Neumann commented on the matter, praising Bollesen’s contributions. He noted that the outgoing CTO has overseen the execution of transitional product strategies which have laid the foundations to position Ainsworth for continued growth.
I thank David for his dedication and contribution during his service with the Company and we wish him well for the future.
Harald Neumann, CEO, AGT
AGT Will Search for a New CTO
Neumann added that his team will now initiate a search for a new chief technology officer. The company is looking for someone who will be a suitable successor to Bollesen and will head the company’s tech division from its office in Las Vegas.
In the meantime, the CTO role will be temporarily overseen internally by respective regional presidents, in conjunction with game studio leaders, Neumann added.
I am confident that the current management within product development areas will ensure no disruption in the execution of the planned product roadmap.
Heral Neumann, CEO, AGT
In other news, Ainsworth recently expanded its team with a major addition. Earlier this month, for example, the company onboarded Nancy Ramirez Ayala as its new SVP, general counsel and group compliance officer. Ayala brought a robust iGaming experience to the team, having previously worked for the likes of Rush Street Interactive and William Hill.
Earlier this year, an Ainsworth shareholder accused the company of purposefully talking down the value of the stock. David Kanen, a discontent investor whose company owns millions of shares, questioned Ainsworth’s direction. He critiqued the company’s reluctance for a second listing and suggested that ongoing devaluation of Ainsworth’s stock might be a setup for a rumored Novomatic takeover.
Related Topics:
Angel has a passion for all forms of writing, be it fiction or nonfiction. His curious nature gives him an ace up his sleeve when researching a new topic. Angel’s thirst for knowledge, paired with adaptability, always helps him find his way around.
Must Read
Business
October 30, 2024
Better Collective Cuts Team Due to Business Struggles
More Articles
Industry
November 4, 2024
ESPN and ESPN BET Debut Account Linking
Legal
November 4, 2024
Ex-GVC Holdings Leaders Take UK Gambling Commission to Court
Poker
November 4, 2024
GGPoker Could Make High Stakes Game Invite Only
Business
November 1, 2024
Sky Bet Discontinues #RequestABet Service
Industry
November 1, 2024
Macau October Gross Gaming Revenue Surges to New Heights
Industry
November 1, 2024
Ireland Launches Search for GRAI’s Chair and Board Members
Business
November 1, 2024
RSI Posts Strong Q3 Report, Boosts FY Guidance
Poker
October 31, 2024
RSI Redefines Poker with Phil Galfond-Backed Online Platform
Business
October 31, 2024
Crown Resorts Names Veteran IR Executive David Tsai as CEO
Business
October 31, 2024
MGM Posts Record Q3 Metrics, Reports Share-Buyback Progress
Industry
October 31, 2024
Isle of Man Regulator Responds to UN’s Laxity Accusations
Esports
October 31, 2024
Oddin.gg Introduces BetBuilder for Esports and eSims