Craig Wilson becomes Inspired Entertainment (NASDAQ: INSE) Chief Financial Officer
Rhea-AI Filing Summary
Inspired Entertainment, Inc. announced a CFO transition. James Richardson has stepped down as Executive Vice President and Chief Financial Officer; the company states his resignation did not involve any disagreement over operations, policies, or accounting practices. He will remain available for three months on garden leave, receiving regular base salary and benefits, followed by a lump-sum payment equal to three months’ base salary and an additional one month of base salary under a separation agreement.
The Board has promoted Craig Wilson, previously Vice President of Finance and Accounting, to Executive Vice President and Chief Financial Officer, effective May 14, 2026. Under his employment agreement, Wilson will receive a £300,000 annual base salary, a 15% employer pension contribution at the executive level, eligibility for executive short- and long-term incentive plans, and a sign-on grant of 30,000 restricted stock units vesting in equal tranches on December 31 of 2027, 2028, and 2029.
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Insights
Inspired executes an orderly, internal CFO succession with defined compensation terms.
Inspired Entertainment is implementing a planned CFO transition from James Richardson to Craig Wilson, an internal candidate who previously served as Vice President of Finance and Accounting. The company explicitly notes that Richardson’s resignation is not due to disagreements over operations, policies, or accounting practices, which reduces governance concern.
Both executives’ arrangements are clearly described: Richardson receives garden leave, a lump-sum payment for the balance of his six-month notice period, and an additional month of base salary under a separation agreement. Wilson’s package includes a £300,000 base salary, pension contributions, incentive eligibility, and 30,000 restricted stock units vesting over three years, aligning part of his compensation with long-term performance.
The filing outlines continuity in the finance function via Richardson’s three-month transition support and Wilson’s prior leadership role in finance and accounting. Future company filings may provide more insight into how Wilson’s leadership influences financial reporting, planning, and execution, but this document focuses on role changes and contractual terms rather than financial targets.
8-K Event Classification
Key Figures
Key Terms
garden leave financial
restricted stock units financial
executive short- and long-term incentive plans financial
separation agreement financial
forward-looking statements regulatory
Risk Factors regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Departure of Executive Vice President and Chief Financial Officer
On May 18, 2026, Inspired Entertainment, Inc. (the “Company”) announced that James Richardson had stepped down from his role as Executive Vice President and Chief Financial Officer of the Company.
Mr. Richardson’s resignation was not due to any disagreement with the Company or the Board of Directors relating to the Company’s operations, policies or practices or any issues regarding its accounting policies or practices. Pursuant to the terms of Mr. Richardson’s letter of resignation, dated May 14, 2026, he will remain available to assist with the transition for a period of three months while he is on garden leave. Mr. Richardson will receive his regular base salary and benefits during his garden leave in accordance with the terms of his employment agreement, which requires six months’ notice of termination, following which he will receive a lump sum payment for the final three months of the notice period in an amount equal to three months’ base salary. In addition, the Company has entered into a separation agreement with Mr. Richardson that will provide for payment of one additional month of base salary in exchange for a customary release of claims against the Company. The Settlement Agreement with Mr. Richardson is annexed as Exhibit 10.2 to this Form 8-K.
Engagement of Executive Vice President and Chief Financial Officer
On May 18, 2026, the Company announced that the Board of Directors appointed Craig Wilson, the Company’s Vice President of Finance and Accounting, to serve as Executive Vice President and Chief Financial Officer of the Company, effective May 14, 2026. Pursuant to the terms of Mr. Wilson’s employment agreement with the Company’s subsidiary, Inspired Gaming (UK) Limited, dated May 14, 2026, Mr. Wilson will be paid a base salary of £300,000 per annum. Mr. Wilson will also be entitled to participate in the Company’s pension plan at the executive level (with an employer contribution rate of 15%) and in the Company’s executive short- and long-term incentive plans. He received a sign-on grant of 30,000 restricted stock units, with a three-year vesting schedule (1/3 tranche vesting on each of December 31, 2027, 2028 and 2029). The term of employment under the agreement is indefinite and termination in most instances requires at least six months’ written notice by either party. The Service Agreement with Mr. Wilson is annexed as Exhibit 10.1 to this Form 8-K.
Mr. Wilson, age 41, joined the Company in 2025 as Vice President of Finance and Accounting. Prior to joining the Company, Mr. Wilson was employed by Charles River Laboratories International, Inc. (NYSE:CRL), a pharmaceutical and biotechnology contract research organization, since 2019, serving as Director of Accounting & Global Consolidations from 2023 to 2025 and as Senior Manager European Accounting from 2021 to 2023. Prior to his engagement by Charles River Laboratories, Mr. Wilson was Financial Controller, International Corporate of Walgreens Boots Alliance from 2014 to 2019. Mr. Wilson holds a Bachelor of Arts degree with honors in accounting from Napier University (Edinburgh, Scotland) and, in 2013, was granted certification as a chartered accountant with The Institute of Chartered Accountants of Scotland (ICAS).
The selection of Mr. Wilson was not pursuant to any arrangement or understanding with respect to any other person. In addition, there are no family relationships between Mr. Wilson and any director or executive officer of the Company. Mr. Wilson has not been a party to any transaction with the Company or its subsidiaries of the type required to be disclosed pursuant to Item 404(a) of Regulation S-K, and no such transaction is currently contemplated.
| Item 7.01 | Regulation FD Disclosure. |
A copy of the press release relating to Mr. Richardson’s departure and Mr. Wilson’s engagement as Executive Vice President and Chief Financial Officer is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The press release shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such a filing.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit Number | Exhibit Description | |
| 10.1 | Employment Agreement, dated May 14, 2026, by and between Inspired Gaming (UK) Limited and Craig Wilson | |
| 10.2 | Settlement Agreement dated May 18,2026 between Inspired Gaming (UK) Limited and James Andrew Richardson | |
| 99.1 | Press Release dated May 18, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| May 18, 2026 | Inspired Entertainment, Inc. | |
| By: | /s/ Simona Camilleri | |
| Name: | Simona Camilleri | |
| Title: | General Counsel | |
Exhibit 99.1
INSPIRED ANNOUNCES CFO TRANSITION
NEW
YORK, May 18, 2026 -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading
B2B provider of gaming content, technology, hardware and services, today announced that James Richardson has stepped down from his role
as
Brooks
Pierce, President and CEO of Inspired, said, “Craig’s promotion to the role of
About Inspired Entertainment, Inc.
With a proven track record of innovation, Inspired is a leading provider of content, technology, hardware and services for licensed gaming, betting and lottery operators around the world. Inspired’s proprietary games resonate with players and deliver consistent performance for gaming operators across interactive, virtual sports, and retail gaming environments. Inspired’s content and gaming systems are designed to work together across digital and retail channels, enabling scalable deployment and a consistent player experience. Through this integrated content-led approach, Inspired helps operators strengthen their offerings, drive engagement, and deliver compelling player experiences.
Additional information can be found at www.inseinc.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our ability to bring certain of our products to customers in the various markets in which we operate and execute on our strategic plan, statements regarding expectations with respect to potential new customers and statements regarding our anticipated financial performance. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “plan,” “will,” “would” and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on Inspired management’s current expectations and beliefs, as well as a number of assumptions concerning future events.
Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of Inspired’s control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing Inspired’s views as of any subsequent date. We cannot guarantee that the results anticipated by management, as set forth herein, will be realized or, even if realized, will have the expected effects on our results of operations or financial performance. Such results may be affected by, among other things, the “Risk Factors” section of Inspired’s annual report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent quarterly reports on Form 10-Q, which are available, free of charge, on the U.S. Securities and Exchange Commission’s website at www.sec.gov. Inspired does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
For Investors
IR@inseinc.com