Gil will replace Raviv Adler, who is stepping down with effect from 31 July to pursue another opportunity.
Gil is an experienced executive and joins NeoGames as the new chief financial officer, having previously served in the same role at Aspire Global since July 2016.
Prior to his time at Aspire Global, Gil was the CFO at GoNet Systems and also held the combined positions of vice-president and CFO at IXI Mobile.
He has also worked as a financial controller at both MTS and Netcom Group, and was an audit team manager at Ernst & Young Israel.
“Motti has been with the company for seven years, most recently serving as the CFO of the publicly listed Aspire Global Group before the merger last year,” said NeoGames’ chief executive Moti Malul.
“Motti has consistently demonstrated exceptional financial acumen and leadership skills throughout his time with us. He will continue to oversee critical financial operations and maintain strong relationships with key stakeholders. Motti is the ideal candidate for this role at this time.”
Malul also praised Raviv Adler, acknowledging his significant impact on the business: “His unwavering dedication, strategic insights, and exceptional leadership have shaped our company and delivered value for our shareholders. We are genuinely thrilled for Raviv as he embarks upon a new opportunity and wish him all the best.”
The appointment of Gil comes after the announcement that Aristocrat will acquire NeoGames for $1.20bn (£942.7m/€1.10bn).
If the deal proceeds, NeoGames will transfer its statutory seat, registered office, and seat of central administration from Luxembourg to the Cayman Islands.
An Aristocrat subsidiary will merge with NeoGames, with NeoGames becoming the surviving company and a wholly owned subsidiary of Aristocrat. The deal has been unanimously approved by NeoGames’ board and supported by shareholders holding approximately 61% of the company’s shares.
The acquisition is expected to close within 12 months, subject to customary closing conditions.
