Penn National Gaming, Inc. announced the appointment of David (“Dave”) Williams, as Executive Vice President and Chief Financial Officer, effective March 3, 2020, subject to customary regulatory approvals. Mr. Williams, who joins Penn National following more than twenty years as a finance executive at Apple Inc., succeeds William (“B.J.”) Fair, who in September 2019, announced his intention to step down from his role at the Company. Mr. Williams will report directly to Penn National's Chief Executive Officer, Jay Snowden.

In his new role at Penn National, Mr. Williams will be responsible for all of the Company's financial and treasury functions, as well as helping to develop and support the Company's strategic growth initiatives, including its burgeoning iGaming and sports betting businesses. Since 2012, Mr. Williams has served as Chief Financial Officer and Controller of Apple Inc.'s Claris division (formally known as FileMaker).