Australian slot machine supplier Ainsworth Game Technology (AGT) has announced the appointment of Brigit Wimmer, current Chairwoman of the Supervisory Board of its controlling shareholder Novomatic AG, as a new non-executive director.
Wimmer – who is also Managing Director and a 5% shareholder in Novomatic’s holding company Novo Invest GmbH – joins in the wake of the European gaming giant’s recent takeover bid, which saw its stake in AGT increase from 52.9% to 66.59%. That interest has since climbed above 67%.
In a filing, AGT noted that Wimmer’s professional history reflects a long-term involvement in corporate governance within Novomatic’s ownership and holding framework, adding that she currently holds gaming related licenses across Australia, Europe, Canada and the United States.
Due to her directorships and shareholding interest in Novomatic, AGT said it does not consider Wimmer to be an independent director of the company and as strict governance protocol will be initiated to ensure she does not participate in any matters that could or could be perceived to give rise to a conflict of interest.
“We welcome Birgit as a non-executive director of AGT,” said Chairman Danny Gladstone.
“Given her extensive knowledge of international gaming gained through her corporate experience at Novomatic AG, we believe she will complement the Board’s current skills and provide added value to Board deliberations.”
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