---
schema_version: "secwatch.filing_event.v1"
accession: "0001590895-25-000104"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T10:13:22.442860+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Caesars Entertainment appoints Icahn designees Lynn and Papapostolou to board, agrees to standstill

## Summary
- Jesse Lynn and Ted Papapostolou appointed to Caesars Board effective March 17, 2025.
- Board size increased from 11 to 12 directors to accommodate the appointments.
- Icahn Group agreed to standstill and voting commitments through 2026 annual meeting.
- If Icahn Group ownership falls below 10.55M shares, one designee resigns; below 5.28M, both resign.
- Icahn expressed interest in exploring strategic alternatives for Caesars' digital business.

## SEC filing metadata
- accession: 0001590895-25-000104
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000104/0001590895-25-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000104/czr-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590895-25-000104
- JSON: https://secwatch.observer/filing/0001590895-25-000104.json
- Plain text: https://secwatch.observer/filing/0001590895-25-000104.txt

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