Las Vegas-based cross-platform games and entertainment company, Light & Wonder, has appointed Michael Marchetti as a member of its Board of Directors. Prior to joining Light & Wonder’s board, he served as SciPlay Corporation’s Director.
Light & Wonder acquired SciPlay’s remaining public shares last fall.
Light & Wonder Executive Chair Jamie Odell commented on Marchetti’s appointment by saying, “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.”
Marchetti said he is eager to be part of the board and commended Light & Wonder for its recent achievements.
He said, “I’m excited to join the Light & Wonder Board at this time. 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.”
Light & Wonder was formerly known as Scientific Games Corporation and employs more than 6,000 team members on six continents. The company says it remains focused on developing quality games for players and maintaining a high level of integrity.
Light & Wonder recently named Oliver Chow as its new Executive Vice President, Chief Financial Officer and Treasurer. Chow stepped into the role of Interim CFO in August and was the company’s Senior Vice President of Corporate Finance prior to his latest appointment.
Chow said he is eager to collaborate with the company’s board and with the leadership team.
