January 4, 2021

Penn National Gaming’s Chief Financial Officer, David Williams, Announces Decision to Step Down; 20-Year Veteran Gaming Industry Analyst, Felicia Hendrix, Named New Executive Vice President and Chief Financial Officer

WYOMISSING, Pa.–(BUSINESS WIRE)–Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that David (“Dave”) Williams, has stepped down as Executive Vice President and Chief Financial Officer (“CFO”) as of December 31, 2020. Taking his place, subject to customary regulatory approvals, will be Felicia Hendrix, who will be joining Penn National as Executive Vice President and CFO on March 2nd following more than 20 years as an equity research analyst covering


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