leadership
confidence high
sentiment neutral
materiality 0.60
PENN realigns corporate structure; EVP Operations Todd George and CIO Rich Primus depart
PENN Entertainment, Inc.
- Todd George, EVP Operations, departed Jan 5, 2026; separation agreement signed Jan 8 provides severance and transition advisor role through Feb 28, 2026.
- Rich Primus, SVP and CIO, also steps down effective immediately; his position eliminated.
- Regional SVP Verde, Rosenthal, Carter oversee retail; CMO Weissman reports to CEO; CTO LaBerge consolidates IT and Interactive.
- Company commenced search for a digital COO to oversee Interactive segment day-to-day, reporting to LaBerge.
- Expected to provide annualized cost savings and free cash flow improvement when reporting Q4 2025 results in February 2026.