Light & Wonder, Inc. (LNW.AX)

165.60 +6.10 (+3.82%) At close: 04:10PM AEST

Light & Wonder, Inc.

6601 Bermuda Road
Las Vegas, NV 89119
United States
702 897 7150
https://www.lnw.com

Sector(s): Consumer Cyclical
Industry: Gambling
Full-time employees: 6,500

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jamie Ronald Odell M.B.A.	Executive Chairman	1.33M	N/A	1959
Mr. Matthew R. Wilson	CEO, President & Director	4.11M	N/A	1982
Ms. Antonia Korsanos BEC, C.A.	Executive Vice Chair	883.98k	N/A	1970
Mr. Oliver Chow	Executive VP, CFO & Treasurer	2.1M	N/A	1981
Mr. James Sottile	Executive VP, Chief Legal Officer & Corporate Secretary	2.05M	N/A	1961
Ms. Siobhan Lane	Executive VP & Group Chief Executive of Gaming	2.12M	N/A	1982
Mr. Vanja Kalabic	Senior VP & Chief Accounting Officer	N/A	N/A	1983
Mr. Nick Zangari	Senior Vice President of Investor Relations	N/A	N/A	N/A
Mr. Stephen E. Richardson	Senior VP, Chief Compliance Officer & Director of Corporate Security	N/A	N/A	1968
Mr. Robert J. Parente	Executive VP & Chief Business Development Officer	N/A	N/A	1961

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. The company operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals; video lottery terminals, including conversion kits and spare parts; and table products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment. It also leases or provides gaming content, gaming machines, and server-based system; sells and supports casino-management system based software and hardware; and licenses proprietary table games content to commercial, tribal and governmental gaming operators. The SciPlay segment develops, markets, and operates social games on various mobile and web platforms, as well as other games in the hyper-casual space. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.

Corporate governance

Light & Wonder, Inc.’s ISS governance QualityScore as of 1 September 2024 is 4. The pillar scores are Audit: 7; Board: 7; Shareholder rights: 3; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.