Inspired Entertainment Announces Change in CFO Role
Date: 2023-12-28 Author: Dima Zakharov Categories: PEOPLE
Change at the Helm:
In a surprising turn of events, Inspired Entertainment has undergone a change in its financial leadership. Stewart Baker, who had been serving as the company's CFO and principal accounting officer, has tendered his resignation. This development has sent ripples through the gaming industry.
Introducing Marilyn Jentzen:
Stepping into Stewart Baker's shoes is Marilyn Jentzen, a financial and accounting veteran with a remarkable track record. With over three decades of experience in finance, including her role as Senior Vice President of Finance at IGT, Jentzen is well-prepared for her new role as Interim CFO. She brings a wealth of knowledge and leadership to the table.
Key Responsibilities:
In her new position, Marilyn Jentzen will assume responsibility for overseeing financial policies, managing finance and accounting functions, and ensuring strict adherence to financial regulations during her tenure. Her appointment is seen as a positive step towards maintaining financial stability and growth for Inspired Entertainment.
The Search for a New CFO:
Simultaneously, the company has initiated a search for a permanent CFO and has engaged a search firm to identify potential candidates, both internally and externally. This move indicates Inspired Entertainment's commitment to finding the right leadership to steer the company's financial future.
Stewart Baker's Ongoing Support:
It's worth noting that Stewart Baker will continue to support the company throughout 2024, particularly in assisting with restatement efforts. His continued involvement underscores a smooth transition in the financial leadership of the company.
Praise from the CEO:
Brooks Pierce, President and CEO of Inspired Entertainment, expressed his confidence in Marilyn Jentzen, stating, "We are pleased and fortunate to have a leader of Marilyn’s calibre step into the role of Interim CFO." Pierce highlighted Jentzen's strategic acumen and proven success in overseeing finance operations at publicly listed companies.
Innovation in Gaming:
In a related development, Inspired Entertainment recently joined forces with Caesars Digital to introduce Hybrid Dealer products aimed at enhancing the gaming experience at Caesars Palace Online Casino. This partnership reflects Inspired Entertainment's commitment to innovation and delivering superior gaming solutions.
Strengthening the Team:
To further bolster its team, Inspired Entertainment welcomed Ian Freeman as Chief Commercial Officer for Virtuals. Freeman brings with him over 20 years of experience in iGaming and sports, gained during his tenure at Kambi, IGT, and FSBTech. His appointment aligns with the company's drive to continue innovating and expanding its offerings in the gaming industry.
