This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Penn National Gaming Promotes Jay Snowden To Chief Operating Officer

Stocks in this article: PENN

Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn” or the “Company”) announced today that Jay Snowden, who has served as Senior Vice President, Regional Operations since October 2011, has been named Senior Vice President, Chief Operating Officer, effective immediately. The role of Chief Operating Officer was previously held by Timothy J. Wilmott, who was named Chief Executive Officer in November 2013 concurrent with the spin-off of Gaming and Leisure Properties, Inc. (“GLPI”) from the Company. Penn also announced that effective January 6, William J. (“B. J.”) Fair was appointed Senior Vice President, Chief Development Officer, a position previously held by Steven Snyder who assumed the role of Senior Vice President, Corporate Development at GLPI at the time of the spin-off. Mr. Snowden and Mr. Fair will report directly to Mr. Wilmott, and both appointments are subject to customary regulatory approvals.

Tim Wilmott commented on the appointments, “We are delighted to announce Jay’s promotion and the addition of B. J. to our team of proven operations, finance, marketing, project development and legal executives. Since the spin-off, we have appointed experienced executives to senior management positions, including CFO, COO and Chief Development Officer, positioning us to optimize the results of our growing regional gaming portfolio and deliver excellent entertainment experiences to our patrons while pursuing opportunities to further expand the scale and diversity of our operations, and build value for shareholders.”

As Chief Operating Officer, Mr. Snowden will be responsible for the Company’s regional gaming operations, marketing, human resources and IT functions. Mr. Snowden joined Penn National in 2011 following over 12 years at Caesars Entertainment in several regional and destination markets, including Nevada, California, Missouri, and New Jersey. Immediately prior to joining Penn National, he served as Senior Vice President and General Manager of both Caesars Atlantic City and Harrah’s Resort Atlantic City. Mr. Snowden began his career with Caesars in 1998 with a financial planning and analysis role prior to being named Slot Performance Manager at Harrah’s Las Vegas. In 2000, he assisted in the design and development of Harrah’s Rincon in San Diego before becoming that property’s Vice President and Assistant General Manager upon opening. In 2003, he became Vice President and Assistant General Manager of Harrah’s St. Louis and, soon thereafter, served as acting General Manager. In 2005, he was appointed Senior Vice President and General Manager of Showboat Atlantic City, where he oversaw construction of a $65 million expansion project, and was given additional responsibility as Senior Vice President and General Manager at Harrah’s Resort Atlantic City in 2008.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs