Inspired Entertainment confirms ex-IGT head as interim CFO
Marilyn Jentzen steps into position after the supplier’s board accepted the resignation of Stewart F.B. Baker in December
Inspired Entertainment has announced that Marilyn Jentzen has been appointed interim CFO and principal accounting officer following the resignation of Stewart F.B. Baker in December.
Baker, who has served as CFO since February 2017, originally joined Inspired in September 2014 as group financial controller before stepping up to become director of finance in October 2015.
The personnel shift marks Jentzen’s return to the igaming industry after departing IGT in April 2015 following an 11-month stint as the group’s SVP of finance.
Jentzen has been drafted in on an interim basis after Baker tendered his resignation on 20 December, with the news being confirmed on 26 December by the firm.
SEC filings from the supplier did not provide a reason or background to Baker’s decision to resign.
Jentzen boasts a wealth of financial experience of her CV, having most recently served as a financial advisor to startup Contain Inc. as well has launching her own consultancy firm Innovative Impact in November 2015.
She also spent more than four years with Reuters across sales, marketing and operations, while also counting stints with Georgia Pacific Corporation and Grant Thornton Consulting.
Brooks Pierce, Inspired Entertainment CEO, said: “We are pleased and fortunate to have a leader of Marilyn’s calibre step into the role of interim CFO.
“Marilyn is a strategic, results-oriented executive with proven success leading, developing and improving multi-national finance operations at publicly listed companies.
“She is well-positioned to support the continued execution of our financial priorities while the board conducts its search for our new CFO.”
Inspired confirmed the group had initiated a search process to identify the company’s next permanent finance chief.
The firm added that it had “retained a leading search firm to assist in evaluating both internal and external candidates for the role.”
Inspired also noted that Baker will continue to work with the company throughout 2024 to ensure a smooth transition of responsibilities while efforts are continuing to file Q3 financial results after missing the deadline.
The firm received a warning from the Nasdaq Stock Exchange in late November 2023 regarding the late filing, with Inspired stating this was due to errors relating to the capitalisation of software development costs.
The supplier has until 22 January to file the required form or submit a plan to regain compliance with the rule to Nasdaq.
Arnold Ash is EGR’s Executive Recruitment Partner. They support ambitious organisations to identify and attract industry leading executive talent. Find out more here.