Ainsworth CEO Harald Neumann Steps Down
Harald Neumann has stepped down as CEO of Ainsworth Game Technology with immediate effect. The decision follows regulatory concerns raised by the Nevada Gaming Control Board (NGCB) related to his gaming license renewal.
NGCB Concerns Prompt Sudden Leadership Change
Ainsworth Game Technology confirmed Harald Neumann’s resignation shortly after the NGCB advised that he should withdraw his application to renew his Nevada gaming license. Although Neumann already held a license – required for all gaming machine suppliers operating in the state – Nevada’s five-year renewal policy triggered a re-evaluation of his eligibility.
This regulatory scrutiny stemmed from reports that Neumann had been under investigation for corruption charges by Austrian authorities – an issue that, according to sources, had not been previously disclosed to Ainsworth shareholders.
Following the NGCB’s recommendation, Ainsworth had initially stated it was reviewing Neumann’s position and would release further details once that process concluded.
Ryan Comstock Named Acting CEO
Following Neumann’s departure, Ainsworth appointed current Chief Operating Officer Ryan Comstock as acting CEO. Comstock has been with the company since 2012 and has served as COO since 2018.
His experience spans multiple departments, including finance, software and hardware development, manufacturing, compliance, IT, and operations. Prior to joining Ainsworth, Comstock worked at Deloitte in its audit and assurance division.
Ainsworth emphasized that the appointment is interim, and the company will now begin a comprehensive search for a permanent CEO. Both internal and external candidates will be considered as part of the succession plan.
Acknowledgment of Neumann’s Tenure
In its official statement, Ainsworth’s board expressed gratitude for Neumann’s leadership:
“The board acknowledges Mr Neumann’s contribution during his tenure as the company’s CEO.”
Neumann’s departure marks a pivotal moment for Ainsworth, as the company now navigates regulatory challenges and a leadership transition simultaneously.