PENN Entertainment (PENN) executive compensation, 2026 proxy

Jay Snowden, Chief Executive Officer and President, was paid $24.1M in 2025, down 10% from $26.7M the year before. The CEO-to-median-employee pay ratio was 550:1, on median employee pay of $43,833.

Filed
April 27, 2026
Annual meeting
June 16, 2026
Pay year
2025
Named executives
4
CEO total pay
$24.1M-10% vs prior year
CEO to median employee
550:1median $43,833
CEO pay in equity
79%$19M in awards
Prior say-on-pay support
35%of votes cast
CEO Stock Awards
$14,249,989Includes time and performance-based units.
CEO Option Awards
$4,750,004Annual equity incentive compensation.
CEO Non-Equity Incentive
$2,984,400Annual short-term incentive payout.
Share Repurchases
$354MRepurchased in 2025.

How Snowden was paid

$24.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards59%Option awards20%Non-equity incentive12%All other compensation1%

Named executive officers

ExecutiveTotal
Jay SnowdenChief Executive Officer and President$24,126,651
Felicia HendrixExecutive Vice President, Chief Financial Officer$5,506,866
Chris RogersExecutive Vice President, Chief Strategy & Legal Officer and Secretary$4,897,507
Todd GeorgeExecutive Vice President, Operations$7,132,211

What changed and why

  • $24.1MJay Snowden received $24,126,651 in total compensation for 2025, representing a decrease from the prior year.
  • $43,833The CEO to median employee pay ratio was 550 to 1 based on median employee pay of $43,833.
  • 35.49%Shareholders previously expressed concerns, resulting in a say-on-pay support level of 35.49% at the prior meeting.
  • 48%The Board actively engaged with shareholders holding approximately 48% of outstanding shares during the off-season.
  • 80%PENN increased financial metrics to 80% in its 2025 PSU program.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.