NeoGames announces CFO transition

(PRESS RELEASE) -- NeoGames S.A., a technology-driven provider of end-to-end iLottery and iGaming solutions, announced the appointment of Motti Gil as Chief Financial Officer, effective 1 August 2023, subject to certain regulatory approvals.

Gil will succeed Raviv Adler who is stepping down effective 31 July 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 of Aspire Global, including five years as a publicly listed company, prior to its acquisition by NeoGames.

“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,” said Moti Malul, CEO of NeoGames. “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.”

Prior to joining Aspire, he spent seven years as the CFO of GoNet Systems, a wireless technology company which followed positions as a finance executive and controller in the telecom technology industry, in private and publicly listed companies. Mr. Gil began his career with Ernst & Young.

"We cannot overstate the immense impact Raviv has had on NeoGames' success,” said Malul. “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 endeavours."