Light & Wonder Appoints Niaz Nejad as Managing Director of Gaming, Americas

Most recently at Artisocrat Gaming as SVP and Head of Marketing for US and Canada, Nejad brings over 25 years of leadership across gaming, IT, retail, and banking industries

LAS VEGAS – March 28, 2023 – Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” or “L&W”), the leading cross-platform global games company, announced today that Niaz Nejad has been appointed as Managing Director of Gaming, Americas and will join the organization later this year, once her non-compete period ends.

Niaz most recently served as the Senior Vice President and Head of Marketing for U.S. and Canada at Aristocrat Gaming, where she led the overall brand and marketing strategy and was responsible for infusing innovation and creativity throughout.

“I have had the pleasure of working with Niaz within our industry for many years, and I know her values, industry and business experience, as well as her people-centric leadership approach are the perfect fit for our team,” said Siobhan Lane, Light & Wonder CEO of Gaming. “As we continue to grow in the Americas, and around the world, I can think of no one better than Niaz to help strategically lead us in the right direction.”

Prior to Aristocrat, Niaz was the Chief Operating Officer for the Alberta Gaming, Liquor and Cannabis Commission, establishing the company’s provincial gaming and cannabis strategic direction, corporate portfolio, digital transformation, and revenue forecasts. She was accountable for sustaining over $1.4 billion in annual-net revenues from slot machines, video lottery terminals, electronic bingo, and lottery tickets through policy and gaming product development, and marketing. With over 25 years of leadership experience across high-performance industries including IT, retail, banking, cannabis, and gambling, Niaz has a proven track record of success for driving double-digit growth and delivering on behalf of the business for customers.

For more information about Light & Wonder, visit www.lnw.com.

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About Light & Wonder, Inc.
Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it’s all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.

Media Inquiries: media@lnw.com

Forward-Looking Statements
In this press release, Light & Wonder makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in Light & Wonder’s filings with the Securities and Exchange Commission (the “SEC”), including its current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K that was filed with the SEC on February 27, 2024 (including under the headings "Forward-Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for Light & Wonder’s ongoing obligations under the U.S. federal securities laws, Light & Wonder undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

Date: 03/28/2023

Category: Gaming

Type: Release