Ainsworth appoints Novomatic’s Levy as CEO

Ainsworth Game Technology has appointed former Novomatic vice president of global sales, Lawrence Levy, as chief executive officer.

The appointment will take effect on July 1st and Levy will receive an annual base salary of AS$700,000. He will also be entitled to an “at risk” bonus of $300,000 per year and a long-term incentive of $100,000.

Levy has held senior positions within the gaming industry over a successful career spanning 37 years.

“Lawrence is a highly respected and experienced gaming executive and I am confident that he will further assist the company achieve its strategies to become a leading provider of innovative gaming technology to the global market,” said Ainsworth Chairman Graeme Campbell.