NeoGames Announces CFO Transition

NeoGames SA (Nasdaq: NGMS), a technology-driven provider of end-to-end iLottery and iGaming solutions, has announced the appointment of Motti Gil as Chief Financial Officer (CFO), effective August 1, 2023, subject to certain regulatory approvals.

Gil will succeed Raviv Adler who is stepping down effective July 31, 2023, to pursue another opportunity. In the interim, Gil and Adler will be working closely to ensure a seamless transition.

Gil is a seasoned executive, who brings over 20 years of global financial and operational experience to the position. Since 2016, he has served as the CFO for Aspire Global, including five years as a publicly-listed company, prior to its acquisition by NeoGames. Prior to joining Aspire, he spent seven years as the CFO for GoNet Systems, a wireless technology company that followed positions as a finance executive and controller in the telecoms technology industry, in private and publicly listed companies. Gil began his career with Ernst & Young.

“Motti Gil has been with the company for seven years with much of that time spent as the CFO of the publicly-listed Aspire Global Group prior to the merger last year,” the Chief Executive Officer for NeoGames, Moti Malul, said. “He has continually demonstrated exceptional financial acumen and leadership skills throughout his tenure. He remains instrumental in overseeing critical financial operations and has strong relationships with key stakeholders. Motti is the ideal candidate to step into this role at this time.”

Malul also expressed his utmost gratitude and sincere appreciation for Adler’s contributions: “We cannot overstate the immense impact Raviv has had on NeoGames’ success. His unwavering dedication, strategic insights and exceptional leadership have been instrumental in shaping our company and in delivering value for our shareholders. We are genuinely thrilled for Raviv as he embarks upon a new opportunity and wish him all the best in his future endeavors.”