Gaming and Leisure Properties, Inc. Promotes Steven Ladany to Chief Development Officer
January 07 2021 - 4:00PM
Gaming and Leisure Properties, Inc. (“GLPI” or the “Company”)
(NASDAQ: GLPI) announced today the promotion of Steven Ladany to
Senior Vice President, Chief Development Officer. In his new role,
Mr. Ladany will lead the Company’s ongoing merger, acquisition and
development efforts.
Steven Ladany joined the Company in September
2014 as Vice President, Finance and served in that role until March
2019, when he was promoted to Senior Vice President, Finance. Prior
to joining GLPI, Mr. Ladany served as a Vice President at Revel
Casino Hotel, a regional gaming property currently known as Ocean
Casino Resort, and as a Vice President at J.P. Morgan in the
Syndicated and Leveraged Finance group within the firm’s investment
banking division.
“Steve brings extensive gaming industry and
finance experience to his new role and has played an active role in
identifying and consummating transactions for GLPI with prospective
and existing tenants over the past six years,” said Peter Carlino,
Chairman and Chief Executive Officer of Gaming and Leisure
Properties. “He has fostered deep, collegial and collaborative
relationships across the gaming sector and with our roster of
industry-leading tenants. We look forward to Steve’s continuing
contributions as we prudently, yet aggressively seek to further
expand and diversify our tenant roster, grow our dividend and
create new long-term value for our shareholders.”
About Gaming and Leisure
Properties
GLPI is engaged in the business of acquiring,
financing, and owning real estate property to be leased to gaming
operators in triple-net lease arrangements, pursuant to which the
tenant is responsible for all facility maintenance, insurance
required in connection with the leased properties and the business
conducted on the leased properties, taxes levied on or with respect
to the leased properties and all utilities and other services
necessary or appropriate for the leased properties and the business
conducted on the leased properties. GLPI elected to be taxed as a
real estate investment trust (“REIT”) for U.S. federal income tax
purposes commencing with the 2014 taxable year and was the first
gaming-focused REIT in North America.
Contact |
Gaming
and Leisure Properties, Inc. |
|
Investor Relations |
Matthew Demchyk, Chief Investment Officer |
|
Joseph Jaffoni, Richard Land, James Leahy at JCIR |
610/378-8232 |
|
212/835-8500 |
|
|
glpi@jcir.com |
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