Dive Brief:

• Gaming technology company Inspired Entertainment named Craig Wilson, its vice president of finance and accounting, as its new CFO in a move effective May 14, the company announced in a Monday press release and securities filing.
• Wilson succeeds James Richardson as CFO, who stepped down from the top finance seat on May 14 after just over a year in the role, according to the filing with the Securities and Exchange Commission. He will remain with the New York-based company for three months to help ensure a smooth transition, according to the press release.
• Wilson’s promotion to CFO “reflects the Board’s confidence in his ability to lead the finance function at this stage of the Company’s development,” Inspired President and CEO Brooks Pierce said in a statement included in the press release.

Dive Insight:

Wilson, 41, joined Inspired, a business-to-business provider of gaming content and technology — including slot machines and digital content — in April 2025 as VP of finance and accounting, according to his LinkedIn profile.

Prior to Inspired, he served a five-year span at biopharma company Charles River Laboratories in roles such as its director of accounting and global consolidations. His past experience also includes four years at Walgreens Boots Alliance, including a two-year span as its financial controller for international corporates.  

Dated to May 14, Wilson will receive an annual base salary of £300,000 Great British Pounds (approximately $400,000 USD), according to the filing. He also received a sign-on grant of 30,000 restricted stock units, to vest over three years, and is eligible to participate in the company’s pension, long- and short-term incentive programs. Wilson’s employment agreement is with Inspired’s U.K.-based subsidiary, Inspired Gaming Limited.

His predecessor Richardson is departing after serving as CFO for just over a year, joining the business last January, according to his LinkedIn profile. He will officially leave the company on Aug. 13, according to a separation agreement also filed with the SEC Monday.

Subject to complying with the terms of his separation agreement, Richardson will receive a £25,000 ex-gratia payment in compensation for his departure, the company said. He will receive his receive his salary and other contractual benefits, including health and life insurance and his pension, until the termination date, according to the agreement.

The change in financial leadership comes about a week after the B2B entertainment company reported earnings for its first quarter ended March 31. The company recorded net operating income of $9.2 million, as well as a net loss of $500,000, according to its May 7 earnings report. Inspired also reported adjusted EBITDA of $23.7 million for the quarter, a 29% jump year-over-year.

This is despite seeing revenue dip by 5% YoY following its divestiture of its parks business in the United Kingdom late last year, as the company shifts to “higher margin digital businesses, Pierce said during the company’s Q1 earnings call. Inspired’s “core strength and focus” remains its content business, Pierce said during the call according to a transcript.

Inspired did not immediately respond to requests for comment.