ISS and Glass Lewis Recommend FOR Board Declassification Proposal at PENN Entertainment
UNITE HERE Welcomes Support from Leading Proxy Advisors Ahead of PENN’s June 16 Annual Meeting
UNITE HERE today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have both recommended that PENN Entertainment, Inc. (NASDAQ: PENN) shareholders vote FOR the shareholder proposal to declassify the Company’s Board of Directors ahead of PENN’s June 16, 2026 Annual Meeting of Shareholders.
The recommendations delivered by these two major proxy advisory firms represent significant independent support for enhancing shareholder rights and board accountability at PENN.
“We are pleased that ISS and Glass Lewis have both concluded that shareholders should support annual elections for all PENN directors,” said UNITE HERE Director of Gaming Industry Research, Michael Hachey. “These recommendations reinforce what shareholders have communicated for years: that annual director elections enhance board accountability and are a fundamental governance best practice.”
