GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
and Leisure Properties, Inc. (the Company) elected James B. Perry
to serve as a director of the Company effective immediately,
subject to receipt of customary regulatory approvals. Mr. Perry
will also be included on the ballot of the Companys 2017 annual
meeting of shareholders for election to a new one-year term.>
independent director under the director independence standards
set forth in the rules and regulations of the Securities and
Exchange Commission and the applicable listing standards of the
NASDAQ Stock Market LLC.
Board. He served on the Board of Directors of Isle of Capri
Casinos, Inc. (Isle) from 2007 to 2014, including as Chairman and
Executive Chairman of the Board of Directors during a portion of
his tenure. From March 2008 to April 2011, he also served as
Isles Chief Executive Officer. Prior to joining Isle, Mr. Perry
served as a Class III Director on the board of Trump
Entertainment Resorts, Inc. from May 2005 until July 2007. From
July 2005 to July 2007, Mr. Perry served as Chief Executive
Officer and President of Trump Entertainment Resorts, Inc. Mr.
Perry was President of Argosy Gaming Company from April 1997
through July 2002 and Chief Executive Officer of Argosy Gaming
Company from April 1997 through May 2003. Mr. Perry also served
as a member of the Board of Directors of Argosy Gaming Company
from 2000 to July 2005.>
any other person to which he was selected as a director. Mr.
Perry has not been a party to any transaction involving the
Company required to be disclosed under Item 404(a) of Regulation
S-K.
consistent with the Companys compensation practices for
non-employee directors as described under the caption Director
Compensation in the Companys proxy statement filed with the
Securities and Exchange Commission on April 22, 2016.
Mr. Perrys election to the Board, a copy of which is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
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Exhibit
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Description
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99.1
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Gaming and Leisure Properties, Inc. Press Release,
dated April 5, 2017 |
About GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI)
Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company’s segments include GLP Capital, L.P. (GLP Capital), which is a subsidiary of GLPI, through which GLPI owns all of its real estate assets, and the TRS Properties. The GLP Capital segment consists of the leased real property and represents the Company’s business. The TRS Properties segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The Company’s portfolio consists of approximately 20 gaming and related facilities, including the TRS Properties and the real property associated with over 20 gaming and related facilities operated by Penn National Gaming, Inc. and the real property associated with the Casino Queen in East St. Louis, Illinois. GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) Recent Trading Information
GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) closed its last trading session up +0.02 at 33.67 with 880,220 shares trading hands.