Articles > Post Market Movers: ISS and Glass Lewis Recommend Board Declassification at PENN Entertainment
- ISS and Glass Lewis recommend FOR board declassification proposal at PENN Entertainment
- Shareholder proposal aims to declassify the Company's Board of Directors
- Recommendations from major proxy advisory firms enhance shareholder support
- PENN Entertainment (PENN) identified as a strong growth stock by Zacks Style Scores
UNITE HERE has announced that Institutional Shareholder Services (ISS) and Glass Lewis & Co. have both given their support for the shareholder proposal to declassify the Board of Directors at PENN Entertainment, Inc. (NASDAQ: PENN) ahead of the company's Annual Meeting of Shareholders on June 16, 2026. This recommendation from two respected proxy advisory firms is seen as a significant step towards improving shareholder value.
The decision to declassify the Board of Directors at PENN Entertainment is gaining momentum with the backing of ISS and Glass Lewis. Shareholders are being urged to vote FOR the proposal, which is aimed at enhancing corporate governance and increasing transparency within the company. The support from these two influential advisory firms is seen as an important validation of the need for change within the organization.
With the recommendations from ISS and Glass Lewis, the push for board declassification at PENN Entertainment is expected to gain further traction. Shareholders are being encouraged to consider the long-term benefits of this proposal, which is designed to improve accountability and decision-making processes within the company. The independent support from these proxy advisory firms is likely to sway investor sentiment leading up to the Annual Meeting of Shareholders.
In addition to the governance changes at PENN Entertainment, investors looking for strong, market-beating stocks can turn to the Zacks Style Scores for guidance. The Zacks Style Scores are a powerful tool for identifying stocks with the potential for strong growth and outperformance in the market. By leveraging these scores, investors can make more informed decisions about which stocks to add to their investment portfolios.
As PENN Entertainment continues to face scrutiny over its governance practices, the recommendations from ISS and Glass Lewis come as a welcome development for shareholders. The growing support for the board declassification proposal underscores the importance of corporate governance in driving long-term value for investors. With the backing of these influential proxy advisory firms, the momentum for change at PENN Entertainment is building, setting the stage for a potentially transformative shift in the company's leadership structure.
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Post Market Movers: ISS and Glass Lewis Recommend Board Declassification at PENN Entertainment
By KlickAnalytics Data Insights | June 3, 2026 08:10PM ET
Key Points
- ISS and Glass Lewis recommend FOR board declassification proposal at PENN Entertainment
- Shareholder proposal aims to declassify the Company's Board of Directors
- Recommendations from major proxy advisory firms enhance shareholder support
- PENN Entertainment (PENN) identified as a strong growth stock by Zacks Style Scores
UNITE HERE has announced that Institutional Shareholder Services (ISS) and Glass Lewis & Co. have both given their support for the shareholder proposal to declassify the Board of Directors at PENN Entertainment, Inc. (NASDAQ: PENN) ahead of the company's Annual Meeting of Shareholders on June 16, 2026. This recommendation from two respected proxy advisory firms is seen as a significant step towards improving shareholder value.
The decision to declassify the Board of Directors at PENN Entertainment is gaining momentum with the backing of ISS and Glass Lewis. Shareholders are being urged to vote FOR the proposal, which is aimed at enhancing corporate governance and increasing transparency within the company. The support from these two influential advisory firms is seen as an important validation of the need for change within the organization.
With the recommendations from ISS and Glass Lewis, the push for board declassification at PENN Entertainment is expected to gain further traction. Shareholders are being encouraged to consider the long-term benefits of this proposal, which is designed to improve accountability and decision-making processes within the company. The independent support from these proxy advisory firms is likely to sway investor sentiment leading up to the Annual Meeting of Shareholders.
In addition to the governance changes at PENN Entertainment, investors looking for strong, market-beating stocks can turn to the Zacks Style Scores for guidance. The Zacks Style Scores are a powerful tool for identifying stocks with the potential for strong growth and outperformance in the market. By leveraging these scores, investors can make more informed decisions about which stocks to add to their investment portfolios.
As PENN Entertainment continues to face scrutiny over its governance practices, the recommendations from ISS and Glass Lewis come as a welcome development for shareholders. The growing support for the board declassification proposal underscores the importance of corporate governance in driving long-term value for investors. With the backing of these influential proxy advisory firms, the momentum for change at PENN Entertainment is building, setting the stage for a potentially transformative shift in the company's leadership structure.
About PENN
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates 44 properties in 20 states; online sports betting in 13 jurisdictions; and iCasino in five under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.For more information:
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