Light & Wonder, Inc. Appoints Michael Marchetti to Board of Directors
January 08, 2024 at 05:23 pm EST
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On January 4, 2024, the Board of Directors of Light & Wonder, Inc. increased the size of the Board by one director from ten to eleven directors
and elected Michael Marchetti as a director of the Company to fill the resulting vacancy, each effective January 15, 2024. Mr. Marchetti will serve on the Audit Committee of the Board. Mr. Marchetti served as a director of SciPlay Corporation from 2019 to 2023. Mr. Marchetti has also held various leadership positions in both financial institutions and gaming companies, including Merrill Lynch, Electronic Arts, and Buffalo Studios. He currently serves as the CFO of Age of Learning, Inc.
Light & Wonder, Inc. is a cross-platform global games company with a focus on content and digital markets. The Company's segments include Gaming, SciPlay and iGaming. The Gaming segment designs, develops, manufactures, markets and distributes a comprehensive portfolio of gaming content, products and services. The Company provides its gaming portfolio of products and services to commercial casinos, Native American casinos, wide-area gaming operators such as licensed betting offices (LBOs), arcade and bingo operators in the United Kingdom and continental Europe, and government agencies and their affiliated operators. The SciPlay segment is a developer and publisher of digital games on mobile and Web platforms. The SciPlay segment operates primarily in the social gaming market and hyper-casual space. The iGaming segment provides a comprehensive suite of digital gaming content, distribution platforms, player account management systems, as well as various other iGaming content and services.