---
schema_version: "secwatch.filing_event.v1"
accession: "0001747079-22-000039"
form_type: "8-K"
ticker: "BALY"
cik: "0001747079"
company_name: "Bally's Corp"
filed_at: "2022-03-14T23:59:59+00:00"
generated_at: "2026-06-26T23:17:53.608517+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bally's CFO Stephen Capp resigns; Robert Lavan appointed as replacement

## Summary
- CFO Stephen Capp resigns effective end of April; receives $275,000 and accelerated vesting of 4,270 RSUs and 4,270 PSUs.
- Non-competition period reduced from 12 to 6 months under separation agreement.
- Robert Lavan, previously SVP Finance & IR, appointed CFO with base salary of $525,000 and target bonus of 100% of base.
- Lavan received 30,313 RSUs and 30,313 PSUs vesting annually over three years under Bally's 2021 Equity Incentive Plan.
- Appointment subject to customary regulatory approvals; Capp's departure not due to any disagreement with Bally's.

## SEC filing metadata
- accession: 0001747079-22-000039
- form_type: 8-K
- ticker: BALY
- cik: 0001747079
- company_name: Bally's Corp
- filed_at: 2022-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747079/000174707922000039/0001747079-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747079/000174707922000039/baly-20220311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747079-22-000039
- JSON: https://secwatch.observer/filing/0001747079-22-000039.json
- Plain text: https://secwatch.observer/filing/0001747079-22-000039.txt

## Key facts
- Executive change
  Robert Lavan was appointed as Executive Vice President and Chief Financial Officer at Bally's Corp.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On March 11, 2022, Bally’s appointed Robert Lavan, age 39, as Bally’s Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747079/000174707922000039/0001747079-22-000039-index.htm
- Executive change
  Stephen Capp resigned as Executive Vice President and Chief Financial Officer at Bally's Corp.
  - Action: resigned
  - Role: Executive Vice President and Chief Financial Officer
  source text: Stephen Capp informed Bally’s Corporation (“Bally’s”) that he would resign as Executive Vice President and Chief Financial Officer to pursue other interests and opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747079/000174707922000039/0001747079-22-000039-index.htm

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