Ainsworth Game Technology Limited (AGT) – Director Resignation – Board Independence
AGT today announced Mr Harald Neumann, has resigned as a director of the company with immediate effect.
Mr Neumann will continue as Chief Executive Officer (CEO). All other parts of Mr Neumanns' role and responsibilities, excluding previous director responsibilities, remain unchanged.
The resignation ensures AGT's compliance with governance best practices with a majority of independent, non-executive directors on the Board.
The Board is also undertaking a search process to appointan additional independent, non-executive director. It is envisaged the new appointment will complement the Board's skills and capabilities as well as contribute to diversity objectives.
AGT Chairman, Danny Gladstone said, "We appreciate Harald's constructive decision to step down from the Board to ensure AGT complies with governance best practices. AGT now has 3 directors, with 2 of these being independent non-executives. We look forward to Harald's ongoing leadership and contribution to AGT following his appointment as CEO.
This announcement was authorised for lodgement by the Board of Directors.