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Gaming & Lodging

Penn Entertainment Executive Compensation (FY25)

PENN · Wyomissing, PA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 18, 2026
263 figures on this page: 252 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Jay Snowden, Chief Executive Officer and President, received $24,126,651 in total compensation for fiscal 2025, and Snowden's total moved 9.6% lower from the $26,676,300 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 550:1, against median employee compensation of $43,833. Shareholders supported the say-on-pay proposal with 87.6% of votes cast for or against in favor at the meeting held June 16, 2026 for fiscal 2025. The disclosed peer group includes Boyd Gaming Corporation, Caesars Entertainment, Inc., DraftKings, Inc., Electronic Arts, Inc. and Las Vegas Sands Corp., among others.
Chief executive, fiscal 2025
◇
Jay Snowden
Latest say-on-pay support
=
June 16, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jay Snowden: $26,676,300 → $24,126,651 (9.6% lower)
Say-on-pay support: 37.1% → 87.6% (50.5 points higher)
CEO pay ratio: 734:1 → 550:1 (25.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Penn Entertainment's chief executive and what were they paid?
Jay Snowden, Chief Executive Officer and President, received $24,126,651 in total compensation for fiscal 2025. Snowden's total moved 9.6% lower from the $26,676,300 reported for fiscal 2024.
What was Penn Entertainment's say-on-pay result?
Shareholders supported the say-on-pay proposal with 87.6% of votes cast for or against in favor at the meeting held June 16, 2026 for fiscal 2025.
Which companies are in Penn Entertainment's peer group?
The disclosed peer group includes Boyd Gaming Corporation, Caesars Entertainment, Inc., DraftKings, Inc., Electronic Arts, Inc. and Las Vegas Sands Corp., among others.
What is Penn Entertainment's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 550:1, against median employee compensation of $43,833.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jay Snowden
Chief Executive Officer and President
◇—◇◇◇—◇◇
Todd George
Executive Vice President, Operations
◇—◇◇◇—◇◇
Felicia Hendrix
Executive Vice President Chief Financial Officer
◇—◇◇◇—◇◇
Chris Rogers
Executive Vice President Chief Strategy & Legal Officer and Secretary
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jay Snowden
Chief Executive Officer and President
◇—◇◇◇—◇◇
Todd George
Executive Vice President, Operations
◇—◇◇◇—◇◇
Felicia Hendrix
Executive Vice President Chief Financial Officer
◇—◇◇◇—◇◇
Chris Rogers
Executive Vice President Chief Strategy & Legal Officer and Secretary
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jay Snowden
Chief Executive Officer and President
◇—◇◇◇—◇◇
Todd George
Executive Vice President, Operations
◇—◇◇◇—◇◇
Felicia Hendrix
Executive Vice President Chief Financial Officer
◇—◇◇◇—◇◇
Chris Rogers
Executive Vice President Chief Strategy & Legal Officer and Secretary
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jay Snowden
Chief Executive Officer and President
◇—◇◇◇—◇◇
Todd George
Executive Vice President, Operations
◇—◇◇◇—◇◇
Felicia Hendrix
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Chris Rogers
Executive Vice President, Chief Strategy and Legal Officer and Secretary
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Chris RogersOPTION◇——◇—◇◇
Chris RogersPSU◇◇◇—◇—◇
Chris RogersRSU◇——◇——◇
Felicia HendrixRSU◇——◇——◇
Felicia HendrixOPTION◇——◇—◇◇
Felicia HendrixPSU◇◇◇—◇—◇
Jay SnowdenRSU◇——◇——◇
Jay SnowdenOPTION◇——◇—◇◇
Jay SnowdenPSU◇◇◇—◇—◇
Todd GeorgeOPTION◇——◇—◇◇
Todd GeorgePSU◇◇◇—◇—◇
Todd GeorgeRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Todd GeorgeOption◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Chris RogersOption◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Jay SnowdenRSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Felicia HendrixOption◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Handler
Board chair
◇◇————◇
Jane Scaccetti
◇◇————◇
Marla Kaplowitz
◇◇————◇
Barbara Shattuck Kohn
◇◇————◇
Vimla Black-Gupta
◇◇————◇
Saul Reibstein
◇◇————◇
Ronald Naples
◇◇————◇
Anuj Dhanda
◇◇————◇
Carlos Ruisanchez
◇◇————◇
Johnny Hartnett
◇◇————◇
Fabio Schiavolin, Heather Ace, Jay Snowden and Jeffrey Fox served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.
Stock ownership guideline: 5x annual retainer ($350,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Boyd Gaming Corporation BYD
  • Caesars Entertainment, Inc. CZR
  • DraftKings, Inc. DKNG
  • Electronic Arts, Inc. EA
  • Las Vegas Sands Corp. LVS
  • Lions Gate Entertainment Corporation STRZ
  • Live Nation Entertainment, Inc. LYV
  • MGM Resorts International MGM
  • Red Rock Resorts, Inc. RRR
  • Roku, Inc. ROKU
  • Sirius XM Holdings, Inc. SIRI
  • Wynn Resorts, Ltd. WYNN

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 16, 2026=◇◇◇
2024June 17, 2025=◇◇◇
2023June 4, 2024=◇◇◇
2022June 6, 2023=◇◇◇
2021June 7, 2022=◇◇◇
2020June 9, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2018June 12, 2019=◇◇◇
2017June 13, 2018=◇◇◇
2016June 14, 2017=◇◇◇
2015June 2, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Penn Entertainment disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Penn Entertainment sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
263 figures on this page: 252 cited to the filing that reported them, 11 calculated from figures it prints.
252 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001140361-26-025759
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-016846
    2025 Director Compensation Table · 2025 Grants of Plan Based Awards · 2025 Summary Compensation Table · ALL OTHER COMPENSATION ( · and 3 more sections
  3. 0001104659-25-061297
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-25-015822
    2024 Summary Compensation Table
  5. 0001140361-24-029288
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-021379
    2023 Summary Compensation Table
  7. 0001140361-23-029128
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-020195
    Summary Compensation Table
  9. 0000921738-22-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000921738-21-000029
  11. 0001104659-20-072925
  12. 0000921738-19-000023
  13. 0001104659-18-039884
  14. 0001104659-17-039957
  15. 0001104659-16-125386
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Velarion, “Penn Entertainment executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PENN (accessed 2026).
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Gaming & Lodging rankings

Chief executive pay — Gaming & LodgingCEO pay ratio — Gaming & LodgingSay-on-pay support — Gaming & Lodging

Peers Penn Entertainment discloses

The companies named in PENN's own disclosed peer group.

Boyd Gaming CorporationCaesars Entertainment, Inc.DraftKings, Inc.Electronic Arts, Inc.Las Vegas Sands Corp.MGM Resorts InternationalRed Rock Resorts, Inc.Wynn Resorts, Ltd.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy