{"id":777043223,"date":"2026-06-05T08:48:57","date_gmt":"2026-06-05T11:48:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777043223"},"modified":"2026-06-05T10:20:29","modified_gmt":"2026-06-05T13:20:29","slug":"agt-chairman-and-company-secretary-resign-amid-payment-controversy","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/agt-chairman-and-company-secretary-resign-amid-payment-controversy","title":{"rendered":"Ainsworth Game Technology chairman and company secretary resign amid payment controversy"},"content":{"rendered":"\n

Media reports alleged that Gladstone and Ludski received personal payments after AGT’s ownership transition in 2018. <\/p>\n\n\n\n\n\n\n\n

Australia.- Ainsworth Game Technology Limited has announced the resignation of chairman, Danny Gladstone<\/strong> and company secretary Mark Ludski<\/strong> with immediate effect following media reports about alleged historic payments made to the executives. AGT said the executives have stepped down to allow it to move beyond what it described as \u201cdistracting complaints\u201d.<\/p>\n\n\n\n

The ASX-listed gaming company confirmed the departures in a filing today, saying the decision followed recent media attention over payments made to the pair after the company\u2019s ownership transition in 2018. Reports had alleged that Gladstone and Ludski received about AU$10m (US$7.14m) and AU$5m (US$3.5m) respectively, prompting scrutiny of governance and disclosure practices.<\/p>\n\n\n\n

The company has appointed independent non-executive director Graeme Campbell<\/strong>l as chairman. Campbell has served on the board since 2007. He will also join the regulatory and compliance committee, now chaired by Heather Scheibenstock<\/strong>.<\/p>\n\n\n\n

The company named chief financial officer Lynn Mah as interim company secretary, while Andrew Kabega of BoardRoom Pty will serve as interim joint company secretary and ASX liaison on compliance matters.<\/p>\n\n\n\n

AGT said it iill appoint an additional independent non-executive director in due course. The development comes after Kjerulf Ainsworth<\/strong>, son of the company\u2019s founder and its second-largest shareholder, increased his stake to 9.55 per cent<\/a>. Kjerulf has long been a critic of AGT\u2019s leadership.<\/p>\n\n\n\n

<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Ainsworth faces shareholder pushback on pay and constitutional changes<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Media reports alleged that Gladstone and Ludski received personal payments after AGT’s ownership transition in 2018.<\/p>\n","protected":false},"author":2395,"featured_media":11827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Ainsworth Game Technology Limited (AGT) announced the immediate resignations of Chairman Danny Gladstone and Company Secretary Mark Ludski following media reports alleging historic personal payments after the company's 2018 ownership transition. The ASX-listed gaming supplier cited \"distracting complaints\" as the reason for their departure, appointing Graeme Campbell as the new chairman and initiating a search for an additional independent non-executive director. This development follows increased scrutiny over governance and disclosure practices, coinciding with significant shareholder Kjerulf Ainsworth increasing his stake.","focusai_entities":"Ainsworth Game Technology Limited, Danny Gladstone, Mark Ludski, Graeme Campbell, Heather Scheibenstock, Lynn Mah, Andrew Kabega, BoardRoom Pty, Kjerulf Ainsworth","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Governance Framework Impact?","query":"What specific governance framework enhancements or regulatory disclosures will AGT implement to address the scrutiny surrounding executive payments and restore stakeholder confidence?"},{"label":"Shareholder Influence Strategy?","query":"How might Kjerulf Ainsworth's increased stake and historical criticism influence AGT's future strategic direction, particularly regarding potential M&A or operational restructuring?"}],"footnotes":""},"categories":[16336,157],"tags":[29,24619,225],"class_list":["post-777043223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-casino","tag-finance","tag-legislation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777043223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777043223"}],"version-history":[{"count":8,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777043223\/revisions"}],"predecessor-version":[{"id":777043244,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777043223\/revisions\/777043244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11827"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777043223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777043223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777043223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}