Key Takeaways

  • Gaming technology company Inspired Entertainment announced in a press release and securities filing on Monday the appointment of Craig Wilson, Vice President of Finance and Accounting, as its new Chief Financial Officer,effective May 14.。
  • Wilson succeeds James Richardson as CFO. Richardson stepped down on May 14 after just over a year in the role but will remain for three months to ensure a smooth transition, according to a filing with the U.S. Securities and Exchange Commission.
  • Inspired President and CEO Brooks Pierce said in the press release that Wilson's promotion "reflects the Board's confidence in his ability to lead the Company's finance function at this stage of its development."

Deeper Dive

Wilson, 41, joined Inspired in April 2025 as Vice President of Finance and Accounting. The company is a supplier of gaming content and technology for business customers, covering slots and digital content. His LinkedIn profile shows this career trajectory.

Before joining Inspired, Wilson spent five years at biopharmaceutical company Charles River Laboratories, serving as Director of Accounting and in roles including global consolidation. He previously worked at Walgreens Boots Alliance for four years, including two years as International Corporate Controller.

According to the securities filing, effective May 14, Wilson's annual base salary is £300,000 (approximately $400,000). He also received a signing bonus of 30,000 restricted stock units, vesting over three years, and is eligible to participate in the company's pension, long-term, and short-term incentive plans. Wilson's employment agreement was signed by its UK subsidiary, Inspired Gaming Limited.

Former CFO Richardson joined the company in January of last year and is departing after just over a year in the role. According to aseparation agreementalso filed on Monday, he will officially leave the company on August 13.

The company said Richardson will receive a severance payment of £25,000, subject to the terms of the separation agreement. Under the agreement, he will continue to receive his salary and other contractual benefits (including health insurance, life insurance, and pension) until the departure date.

This change in financial leadership comes just over a week after the company reported its first-quarter results for the period ended March 31. The results showed net operating revenue of $9.2 million, while recording anet loss of $0.5 million. Additionally, adjusted EBITDA for the quarter was $23.7 million, up 29% year-over-year.

Although revenue declined 5% year-over-year, this was primarily due to the company'ssale of its UK holiday parks businessat the end of last year. Pierce said on the Q1 earnings call that the company is shifting toward a "higher-margin digital business" and emphasized that its "core strength and focus" remains in the content business,according to the call transcript.。

Inspired did not immediately respond to a request for comment.