Inspired Entertainment Appoints Craig Wilson as CFO Amid Strategic Pivot to Digital Content
The New York-based company reported a 29 per cent increase in adjusted EBITDA for the first quarter, even as revenue dipped following the divestiture of its UK parks business.
Gaming technology provider Inspired Entertainment has appointed Craig Wilson as its new chief financial officer, effective May 14. The promotion of Wilson, who currently serves as vice president of finance and accounting, was announced via a press release and a filing with the Securities and Exchange Commission on Monday.
Wilson succeeds James Richardson, who stepped down from the finance leadership role after just over a year in the position. Richardson joined the New York-based company in January and will remain with the firm until August 13 to facilitate a smooth transition. Under the terms of his separation agreement, Richardson will receive his salary and benefits until his termination date, along with a £25,000 ex-gratia payment.
The leadership change aligns with Inspired’s strategic shift towards higher-margin digital content businesses. During the company’s first-quarter earnings call, President and CEO Brooks Pierce stated that the firm’s core strength remains in its content business, moving away from lower-margin areas such as physical parks. This strategic direction follows the divestiture of the company’s UK parks business late last year.
Wilson, 41, brings extensive financial experience from the biopharma and retail sectors. Prior to joining Inspired in April 2025, he spent five years at Charles River Laboratories in roles including director of accounting and global consolidations. He also held a four-year tenure at Walgreens Boots Alliance, serving as financial controller for international corporates.
In his new capacity, Wilson’s employment agreement is with Inspired’s UK-based subsidiary, Inspired Gaming Limited. He will receive an annual base salary of £300,000, approximately $400,000 USD, along with a sign-on grant of 30,000 restricted stock units vesting over three years. He is also eligible for the company’s pension and incentive programs.
The appointment follows the release of Inspired’s first-quarter earnings report for the period ended March 31. The company reported a net operating income of $9.2 million and an adjusted EBITDA of $23.7 million, representing a 29 per cent year-on-year increase. However, revenue dipped by 5 per cent year-on-year, a decline attributed to the earlier divestiture of its UK parks operations.
