UNITE HERE urges PENN Entertainment shareholders to back board proposal
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UNITE HERE Urges Other PENN Entertainment Shareholders to Support Proposal to Declassify the Board
April 30, 2026 10:05 AM EDTNEW YORK--(BUSINESS WIRE)-- UNITE HERE urges shareholders to vote FOR the proposal to declassify the Board of Directors at PENN Entertainment, Inc. (PENN) and transition to annual elections for all directors at the AGM on June 16, 2026.
PENN (NASDAQ: PENN) shareholders already supported declassification in 2010, yet the Board has not implemented that outcome. In the years since, governance standards have moved in greater favor of annual elections as investor expectations have become clearer. In 2025, declassification proposals were reported to have seen average shareholder support of 77.9%, resulting in a passage rate of 86% across 14... More
