Light & Wonder has appointed Michael Marchetti to its Board of Directors.
Before the appointment, Marchetti changed into the Director of SciPlay Corporation, which in October 2023.
Marchetti changed into additionally formerly the CEO of Buffalo Studios, Co-Founder and Board Member of Little Labs, the SVP and GM of Pogo, Social Games & Mobile at Electronic Arts (EA).
He presently works as a CFO and Executive Committee Member at Age of Learning, together along with his appointment at Light & Wonder powerful from 15 January 2024.
This role will go through a trendy re-election on the annual assembly held through Light & Wonder later withinside the year.
Jamie Odell, Light & Wonder Executive Chair, said, “We are thrilled to welcome Michael to the Light & Wonder Board as a brand new unbiased director.
“Michael has a wealth of cellular gaming revel in and a robust monetary heritage with a purpose to assist us maintain to maximize fee for our shareholders.”
Marchetti graduated from Brooklyn College with a BA in Political Science and Philosophy, and in a while from Brooklyn Law School.
On his appointment, Marchetti said: “I’m excited to enroll in the Light & Wonder Board at this time.
“Light & Wonder is working from a role of strength, and I stay up for making use of my revel in and ardour for the business, at the side of my fellow directors, to supply fee to the shareholders of this remarkable company.”
In its Q3 report, Light & Wonder discovered a great development in internet income, developing yearly through 300% to $80m and a fair larger boom from Q2 2023, growing through 1,500%.