Glass Lewis Backs PENN Entertainment's Director Nominees Ahead of Annual Meeting

Advisory firm: There is a lack of evidence PENN “acted in bad faith” amid boardroom dispute

Independent proxy advisory firm Glass Lewis has urged PENN Entertainment shareholders to vote for two board nominees in Johnny Hartnett and Carlos Ruisanchez ahead of the operator’s AGM next week.  Glass Lewis published a report outlining its reasons why shareholders should back Hartnett and Ruisanchez, who were nominated for the PENN board by activist investor group HG Vora.  HG Vora also put forward a third candidate, ex-PENN CFO William Cliff…

More on Efforts to Control Proxy Advisors

From the lively newsletter The Daily Upside: One of the founders of ISS, Nell Minow, who left the company in 1990 and is now chair of Value Edge Advisors, said the push against the big two proxy advisory firms is much ado about nothing. “ISS and Glass Lewis are in business. They are for-profit entities, and they ask their clients, ‘What do you want from us?’” Minow said. “There is no possible way that anybody could object to them being too powe…

Glass Lewis Backs PENN Entertainment's Director Nominees Ahead of Annual Meeting

WYOMISSING, PA — Leading proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that shareholders of PENN Entertainment, Inc. (Nasdaq: PENN) vote in favor of the company’s director nominees, Johnny Hartnett and Carlos Ruisanchez, ahead of the 2025 Annual Meeting of Shareholders scheduled for June 17. The independent report commended PENN’s thorough review of director candidates nominated by HG Vora Capital Management, highlightin…

Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card

WYOMISSING, Pa.--(BUSINESS WIRE)--Jun 9, 2025-