Industry News
Light & Wonder Appoints Michael Marchetti to Board of Directors
Light & Wonder Inc. announced that Michael Marchetti has been appointed as a member of its Board of Directors. He previously served as a director of SciPlay Corporation. Light & Wonder acquired the remaining public shares of SciPlay in October of last year.
Jamie Odell, Executive Chair of Light & Wonder, said: “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.”
Mr. Marchetti 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.”
Throughout his career, Mr. Marchetti has 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.
Mr. Marchetti’s appointment is effective January 15, 2024, and he will stand for re-election at this year’s annual meeting.