Business
PENN Entertainment Welcomes Johnny Hartnett and Carlos Ruisanchez as Duly Elected Directors
WYOMISSING, Pa.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today reported preliminary voting results with respect
About this update from Penn Entertainment, Inc.
[{"type":"text","content":" WYOMISSING, Pa.--(BUSINESS WIRE)--\nPENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today reported preliminary voting results with respect to the election of directors from its 2025 Annual Meeting of Shareholders held on June 17, 2025. PENN shareholders elected the Company’s two director nominees, Johnny Hartnett and Carlos Ruisanchez, to serve on the Company’s Board of Directors.\n\n\nThe PENN Board issued the following statement:\n\n\nWe are pleased to welcome Johnny and Carlos, both of whom bring highly relevant experience in digital and retail gaming to the Board.\n\n\nOver the past several months, we have continued to engage with our shareholders, and we look forward to incorporating feedback from those conversations as we move ahead. It is clear from this engagement that PENN’s Board, management team and shareholders are aligned in their focus on ensuring PENN is achieving its full potential.\n\n\nThe Board remains committed to the close oversight of our differentiated omni-channel strategy and to delivering sustainable long-term value. We recognize there is more work to be done, and we are intently focused on driving profitability in our Interactive segment and growth across the business as we continue strengthening the Company’s balance sheet and liquidity position, deleveraging and accelerating capital return to shareholders. We look forward to further dialogue with our shareholders about our Board’s composition and skillset evolution, as well as PENN’s executive compensation program and strategic priorities, to ensure alignment with our shareholders.\n\n\nThank you for your continued support and investment in PENN.\n\n\nThe Company will report final results on a Form 8-K that will be filed with the Securities and Exchange Commission in the coming days.\n\n\nAbout PENN Entertainment\n\n\nPENN Entertainment, Inc., together with its subsidiaries (“PENN,” or the “Company”), is North America’s leading provider of integrated entertainment, sports content, and casino gaming experiences. PENN operates in 28 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks and online sports betting and iCasino offerings under well-recognized brands including Hollywood Casino®, L’Auberge®, ESPN BET™ and theScore BET Sportsbook and Casino®. PENN’s ability to leverage its partne...