Penn National Gaming Names David Williams Chief Financial Officer
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). Claris is Apple’s B2B software subsidiary, which provides the leading platform for developing custom apps that are deployed on premise or in the cloud by businesses worldwide.
As CFO of Claris, Williams was responsible for all aspects of the division’s finance and strategic planning, which helped Claris achieve consistent growth and profitability. In addition, Williams managed the division’s information systems and operations functions and played a key role in transitioning Claris from a packaged Macintosh software company to a cross-platform, multi-channel, subscription-based cloud business model. Mr. Williams joined Apple Inc.’s AppleSoft division in 1995 and worked on the AppleSoft integration into Claris later that year. He has a Bachelor of Science, Business Administration degree in finance from
In closing, Mr. Snowden said, “Finally, I want to express my sincere gratitude to B.J. for his many contributions to Penn National’s success over the last five years and for helping to ensure that this CFO transition will be managed seamlessly and efficiently. On behalf of the Board of Directors and everyone at Penn National, we wish B.J. the very best in all of his future endeavors.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward looking terminology such as “expects,” “believes,” “estimates,” “projects,” “intends,” “plans,” “seeks,” “may,” “will,” “should” or “anticipates” or the negative or other variations of these or similar words, or by discussions of future events, strategies or risks and uncertainties. These forward-looking statements are subject to risks, uncertainties and changes in circumstances that could significantly affect the Company’s future financial results and business. Meaningful factors that could cause actual results to differ from expectations and such other factors as discussed in the Company’s Annual Report on Form 10-K for the year ended
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