---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-24-000034"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:19:40.664256+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment promotes Blake Sartini II to COO; Steve Arcana becomes Chief Development Officer

## Summary
- Blake Sartini II, age 38, named EVP & COO effective March 20, 2024, after nearly 17 years at company.
- Steve Arcana, former COO since 2015, transitions to Chief Development Officer with term through March 2025.
- Sartini II's annual base salary set at $550,000 with 100% target bonus; severance includes 2x salary plus bonus.
- Arcana's annual base salary $580,000, target bonus 90% for 2024; employment agreement term ending March 20, 2025.
- Company says changes position to maximize core operations and explore new development opportunities for shareholder value.

## SEC filing metadata
- accession: 0001071255-24-000034
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000034/0001071255-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000034/gden-20240320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-24-000034
- JSON: https://secwatch.observer/filing/0001071255-24-000034.json
- Plain text: https://secwatch.observer/filing/0001071255-24-000034.txt

## Key facts
- Executive change
  Stephen A. Arcana was appointed as Chief Development Officer at NEW ROYAL HOLDCO I INC..
  - Action: appointed
  - Role: Chief Development Officer
  source text: Stephen A. Arcana, age 59, ceased serving as the Company’s Executive Vice President and Chief Operating Officer and was appointed as the Company’s Chief Development Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000034/0001071255-24-000034-index.htm
- Executive change
  Blake L. Sartini II was appointed as Executive Vice President and Chief Operating Officer at NEW ROYAL HOLDCO I INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Operating Officer
  source text: Blake L. Sartini II, age 38, was appointed as the Company’s Executive Vice President and Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000034/0001071255-24-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.