{"id":2224778,"date":"2026-01-06T19:57:52","date_gmt":"2026-01-06T19:57:52","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2224778"},"modified":"2026-01-06T19:57:52","modified_gmt":"2026-01-06T19:57:52","slug":"penn-entertainment-announces-new-corporate-structure-eliminates-2-top-executive-positions-reading-area","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/penn-entertainment-announces-new-corporate-structure-eliminates-2-top-executive-positions-reading-area\/","title":{"rendered":"PENN Entertainment announces new corporate structure, eliminates 2 top executive positions | Reading Area"},"content":{"rendered":"

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WYOMISSING, Pa. \u2013 PENN Entertainment is doing some more reshuffling in the wake of its split from ESPN.<\/p>\n

The Wyomissing-based operator of casinos, racetracks, and online and sports betting platforms is announcing\u00a0a new corporate organizational structure.<\/span><\/p>\n

Executive Vice President of Operations\u00a0Todd George and\u00a0Senior Vice President \/ Chief Information Officer\u00a0Rich Primus are both out of a job. Their positions are being eliminated, PENN said in a news release.<\/span><\/p>\n

The restructuring is being implemented “in order to achieve greater operational efficiencies, deepen customer engagement across channels, maximize free cash flow, and drive shareholder value,\u201d said PENN Chief Executive Officer and President\u00a0Jay Snowden, in the release.<\/span><\/p>\n

Also, PENN is looking to hire a new digital Chief Operating Officer\u00a0to help oversee the day-to-day operations of the Interactive segment, which includes the company’s online sports betting and iCasino operations. The new hire will report to\u00a0Chief Technology Officer and Head of Interactive\u00a0Aaron LaBerge.<\/span><\/p>\n

Two months ago, PENN announced it was ending its sports betting partnership with ESPN.<\/a> The split happened just two years into a ten-year, $10 billion deal. At the same time, ESPN announced DraftKings as its official online Sportsbook.<\/span><\/p>\n

Soon after, PENN\u00a0rebranded its online sports betting platform to theScore Bet.\u00a0<\/span><\/p>\n

More changes could be on the horizon. PENN Entertainment “is evaluating additional opportunities to strengthen and streamline its operations and will provide an update when it reports its fourth quarter 2025 financial results in February 2026,” the company said.<\/span><\/p>\n

PENN shares (NASDAQ: PENN) were trading at $15.09 early Tuesday. That’s near the bottom of their 52-week range. The company has a market capitalization of about $2 billion.<\/span><\/p>\n

PENN Entertainment operates 42 gaming destinations across the U.S.<\/span><\/p>\n<\/p><\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.wfmz.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

WYOMISSING, Pa. \u2013 PENN Entertainment is doing some more reshuffling in the wake of its split from ESPN. The Wyomissing-based operator of casinos, racetracks, and online and sports betting platforms is announcing\u00a0a new corporate organizational structure. Executive Vice President of Operations\u00a0Todd George and\u00a0Senior Vice President \/ Chief Information Officer\u00a0Rich Primus are both out of a […]<\/p>\n","protected":false},"author":2,"featured_media":2139445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[317671,22444],"class_list":["post-2224778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-draftkings","tag-espn"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/11\/PENN-Entertainment-jilted-by-ESPN-reports-third-quarter-results.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2224778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2224778"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2224778\/revisions"}],"predecessor-version":[{"id":2224779,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2224778\/revisions\/2224779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2139445"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2224778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2224778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2224778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}