Just days after the Nevada Gaming Control Board pushed for Harald Neumann to withdraw an application to operate a gaming company, the executive is stepping down from his role as CEO of Ainsworth Game Technology.
In a release on Monday, the company indicated that ‘Harald Neumann has resigned from the role as CEO, with immediate effect’.
In the interim period, current COO, Ryan Comstock, has been elevated to acting CEO, ‘effective immediately’.
A previous company release, dated to October 9th, indicates that, following the rejection by the Nevada Gaming Control Board, the company’s board “is undertaking a review of Mr Neumann’s role following the outcome of the NGCB’s meeting and will provide further details to the market once this review is completed”.
According to reports, when under review by the NGCB, the executive was accused of multiple failings, including suppressing phone records and lying on a visa application.
The NGCB indicated that the executive had been “very difficult to work with” in its investigation, following previous allegations regarding Neumann’s time leading Novomatic.
Novomatic had previously made a bid to take over Ainsworth, aiming to gain control of the remaining shares it did not already own (52.9 percent).
