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Light & Wonder Promotes Nathan Drane to Chief Product Officer

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Light & Wonder (NASDAQ: LNW) has announced the promotion of Nathan Drane to Chief Product Officer (CPO), expanding his role from CPO of the Gaming business to an enterprise-wide position. In this new role, Drane will lead all game creation across the company under a single department.

Drane, who joined the company in early 2021 after more than 12 years in product-centric roles, has been instrumental in developing the company's cross-platform strategy. CEO Matt Wilson expressed confidence in Drane's leadership and vision, noting his clear content roadmap for growth.

The reorganization establishes a centralized content organization focused on building games for all markets and platforms, emphasizing data-driven development decisions and talent growth. Former CPO Rich Schneider will continue contributing to the company's product innovation and strategy as Senior Advisor.

Light & Wonder (NASDAQ: LNW) ha annunciato la promozione di Nathan Drane a Chief Product Officer (CPO), estendendo il suo ruolo da CPO del settore Gaming a una posizione aziendale ampia. In questo nuovo ruolo, Drane guiderà la creazione di tutti i giochi nell’azienda all’interno di un unico dipartimento.

Drane, che è entrato in azienda all'inizio del 2021 dopo oltre 12 anni in ruoli focalizzati sul prodotto, è stato fondamentale nello sviluppo della strategia cross-platform dell'azienda. Il CEO Matt Wilson ha espresso fiducia nella leadership e nella visione di Drane, notando la sua chiara roadmap dei contenuti per la crescita.

La riorganizzazione stabilisce un'organizzazione centrale dei contenuti focalizzata sulla creazione di giochi per tutti i mercati e piattaforme, ponendo l'accento su decisioni di sviluppo basate sui dati e crescita del talento. L'ex CPO Rich Schneider continuerà a contribuire all'innovazione e alla strategia di prodotto dell'azienda come Senior Advisor.

Light & Wonder (NASDAQ: LNW) ha anunciado la promoción de Nathan Drane a Chief Product Officer (CPO), expandiendo su rol de CPO del negocio de Gaming a una posición a nivel empresarial. En este nuevo rol, Drane liderará la creación de todos los juegos de la empresa bajo un único departamento.

Drane, quien se unió a la empresa a principios de 2021 tras más de 12 años en roles centrados en el producto, ha sido clave en el desarrollo de la estrategia cross-platform de la compañía. El CEO Matt Wilson expresó confianza en el liderazgo y la visión de Drane, señalando su clara hoja de ruta de contenido para el crecimiento.

La reorganización establece una organización de contenido centralizada centrada en la construcción de juegos para todos los mercados y plataformas, enfatizando decisiones de desarrollo impulsadas por datos y el crecimiento del talento. El ex CPO Rich Schneider continuará contribuyendo a la innovación de productos y la estrategia de la empresa como Asesor Senior.

Light & Wonder (NASDAQ: LNW)는 Nathan Drane을 Chief Product Officer (CPO)로 승진시켰다고 발표했으며, 그의 역할을 게임 사업의 CPO에서 전체 기업의 자리로 확대했습니다. 이 새로운 역할에서 Drane은 회사 내 모든 게임 제작을 단일 부서 아래에서 이끌 것입니다.

Drane은 2021년 초에 제품 중심의 역할에서 12년 이상 경력을 쌓은 후 회사에 합류했으며, 회사의 크로스 플랫폼 전략 개발에 중요한 역할을 했습니다. CEO Matt Wilson은 Drane의 리더십과 비전에 대한 신뢰를 표현하며, 그의 명확한 성장 콘텐츠 로드맵을 언급했습니다.

이번 조직 개편은 모든 시장과 플랫폼을 위한 게임 제작에 집중하는 중앙 집중식 콘텐츠 조직을 수립하여 데이터 기반 개발 결정 및 인재 성장을 강조합니다. 이전 CPO인 Rich Schneider는 선임 고문으로서 회사의 제품 혁신 및 전략에 계속 기여할 것입니다.

Light & Wonder (NASDAQ: LNW) a annoncé la promotion de Nathan Drane au poste de Chief Product Officer (CPO), élargissant son rôle de CPO du secteur Gaming à une fonction au niveau de l'entreprise. Dans ce nouveau rôle, Drane dirigera toute la création de jeux au sein de l'entreprise sous un seul département.

Drane, qui a rejoint l'entreprise début 2021 après plus de 12 ans dans des rôles centrés sur le produit, a joué un rôle essentiel dans le développement de la stratégie multiplateforme de l'entreprise. Le PDG Matt Wilson a exprimé sa confiance dans le leadership et la vision de Drane, notant sa feuille de route claire pour la croissance des contenus.

La réorganisation établit une organisation de contenu centralisée axée sur la création de jeux pour tous les marchés et plateformes, mettant l'accent sur des décisions de développement basées sur les données et la croissance des talents. L'ancien CPO Rich Schneider continuera de contribuer à l'innovation et à la stratégie de produit de l'entreprise en tant que conseiller senior.

Light & Wonder (NASDAQ: LNW) hat die Beförderung von Nathan Drane zum Chief Product Officer (CPO) bekannt gegeben, wodurch seine Rolle vom CPO des Gaming-Geschäfts auf eine unternehmensweite Position ausgeweitet wird. In dieser neuen Funktion wird Drane die gesamte Spielentwicklung im Unternehmen unter einer einzigen Abteilung leiten.

Drane, der Anfang 2021 nach mehr als 12 Jahren in produktbezogenen Rollen zum Unternehmen kam, war maßgeblich an der Entwicklung der plattformübergreifenden Strategie des Unternehmens beteiligt. CEO Matt Wilson äußerte Vertrauen in Dranes Führung und Vision und wies auf seinen klaren Inhaltsfahrplan für Wachstum hin.

Die Reorganisation etabliert eine zentrale Content-Organisation, die sich auf die Entwicklung von Spielen für alle Märkte und Plattformen konzentriert und datenbasierte Entwicklungsentscheidungen sowie Talentförderung betont. Der ehemalige CPO Rich Schneider wird weiterhin als Senior Advisor zur Produktinnovation und -strategie des Unternehmens beitragen.

Positive
  • Consolidation of game creation under single leadership for improved efficiency
  • Implementation of data-driven development strategy
  • Strengthened cross-platform content strategy
Negative
  • None.

LAS VEGAS--(BUSINESS WIRE)-- Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries “Light & Wonder,” “L&W” or the “Company”) today announced the promotion of Nathan Drane to Chief Product Officer (CPO).

Nathan has been serving as Chief Product Officer of the Gaming business for the last year and has been with the Company since early 2021, after more than 12 years in various product-centric roles in the industry. In his expanded role as enterprise-wide CPO, Light & Wonder will bring all game creation across the Company under one department led by Drane.

“I’ve personally worked with Nathan for many years, and I couldn’t be happier for him to share his leadership and vision with the entire enterprise,” said Matt Wilson, President and CEO of Light & Wonder. “He has already been working with many across the business on our cross-platform strategy and has a clear and aggressive content roadmap that will ensure our continued success, positioning us for growth in the near and long term.”

“I couldn’t be more thrilled to take on this role with the Company,” said Nathan Drane, Chief Product Officer of Light & Wonder. “This new centralized content organization formalizes our global strategy of building the world’s best games in every market on every intended platform. It provides us an opportunity to make data-driven development and roadmap decisions, gives us new opportunities to grow talent, and drives efficiencies throughout the game-creation process.”

Rich Schneider, Light & Wonder’s former Chief Product Officer, will continue to contribute to the Company's product innovation and strategy as Senior Advisor.

About Light & Wonder, Inc.

Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it’s all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more visit www.lnw.com.

Media Relations

Andy Fouché +1 206-697-3678

Vice President, Corporate Communications

media@lnw.com

Investor Relations

Nick Zangari +1 702-301-4378

Senior Vice President, Investor Relations and Treasury

ir@lnw.com

Source: Light & Wonder, Inc.

FAQ

What changes did Light & Wonder (LNW) announce in its product leadership?

Light & Wonder announced the promotion of Nathan Drane from Gaming business CPO to enterprise-wide Chief Product Officer, consolidating all game creation under his leadership.

How will Nathan Drane's appointment as CPO affect LNW's game development strategy?

The appointment will lead to a centralized content organization focusing on data-driven development decisions, cross-platform strategy, and improved game-creation efficiency across all markets.

What is Light & Wonder's (LNW) new organizational structure for game development?

LNW has consolidated all game creation under a single department led by Nathan Drane as CPO, implementing a centralized content organization for all markets and platforms.

What role will former Light & Wonder CPO Rich Schneider have after the reorganization?

Rich Schneider will continue contributing to Light & Wonder as Senior Advisor, focusing on product innovation and strategy.

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