Penn Entertainment adds three directors after deal with HG Vora Capital

Penn Entertainment has reshaped its boardroom, bringing in three independent directors as part of a settlement with activist investor HG Vora Capital Management. The changes take effect right away and draw a line under a dispute that had been simmering for months.

The new directors are Heather Ace, Jeffrey Fox and Fabio Schiavolin. Each arrives with a different skill set, spanning human resources, technology leadership, finance and international gaming, as Penn works to steady its strategy and reassure investors.