On Friday, MGW learned that Penn National Gaming, Inc. has appointed William J. Fair, as Executive Vice President and Chief Financial Officer of the company.
His new duties commence January 1, 2017, subject to customary regulatory approvals, a provided statement reads.
Fair, who has served as the Company’s Executive Vice President, Chief Development Officer since 2014, will continue to report directly to Penn’s Chief Executive Officer, Timothy J. Wilmott.
In his role as CFO, Mr. Fair will continue to oversee all corporate growth and development initiatives and the Company’s financial and treasury functions, including financial and periodic reporting to the Securities and Exchange Commission, bank relationships, conducting internal and industry analysis to support the Company’s goals for growth, investor relations, and transactional activities.
According to Wilmott, Fair “brings a solid record of corporate growth, strategic development and financial experience to his new role, and he’ll be working alongside a deep and experienced team of operations, marketing, project development and legal professionals to help him execute on our strategic growth initiatives and our near-term priorities to de-lever and strengthen our balance sheet.”
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