WYOMISSING, PA — PENN Entertainment, Inc. (Nasdaq: PENN) announced the preliminary voting results from its 2025 Annual Meeting of Shareholders held on June 17. Shareholders elected Johnny Hartnett and Carlos Ruisanchez to the company’s Board of Directors, a move underscoring PENN’s commitment to strengthening its leadership with expertise in digital and retail gaming.
The Board issued a statement welcoming the new members. “We are pleased to welcome Johnny and Carlos, both of whom bring highly relevant experience in digital and retail gaming to the Board,” the statement read.
PENN emphasized its focus on shareholder engagement and alignment in driving the company’s long-term goals. “Over the past several months, we have continued to engage with our shareholders,” the Board stated. “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.”
The company is prioritizing the oversight of its omni-channel growth strategy and aiming for sustainable profitability in its Interactive segment. PENN’s priorities include strengthening its balance sheet, driving business expansion, and accelerating its capital return to shareholders through deleveraging efforts.
Additionally, the Board expressed its intent to maintain open dialogue with shareholders regarding governance, board composition, executive compensation, and strategic priorities. “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,” the Board stated.
Final voting results are expected to be reported in an upcoming Form 8-K to be filed with the Securities and Exchange Commission.
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