Novomatic announced this weekend that the company's supervisory board decided to accept a request from Harald Neumann to resign as CEO as of February 29, 2020 due to family reasons.
As stated by the company Neumann will continue to have supervisory board functions and to advise the company on international projects.
"On behalf of company founder Prof. Johann Graf and the supervisory board of Novomatic AG, I would like to thank Mr. Neumann for his great commitment as chairman of the management board over the past six years," said Dr. Bernd Oswald, chairman of the supervisory board. "Mr. Neumann made a significant contribution to the successful expansion of the group. His personal wish to resign from his position at the end of the month was granted with regret.".
Ryszard Presch and Johannes Gratzl will take over the management board responsibilities previously held by Mr. Neumann and will lead the company as a management team.