In a recent move to enhance its leadership, PENN Entertainment, Inc. (NASDAQ: PENN) has announced the appointment of Anuj Dhanda as a Class I director. The decision came after the company's Board of Directors decided to increase the board's size from nine to ten members on Wednesday.
Anuj Dhanda, currently the Executive Vice President and Chief Technology and Transformation Officer at Albertsons (NYSE:ACI), brings a wealth of experience to PENN Entertainment. His role at Albertsons involves overseeing IT architecture, application platforms, supply chain modernization, data analytics, infrastructure, and information security.
Notably, Dhanda played a pivotal role in the technological integration during the Albertsons and Safeway merger in 2015 and spearheaded Albertsons' shift to a cloud-based system.
Before his tenure at Albertsons, Dhanda served as Senior Vice President of Digital Commerce and Chief Information Officer at Giant Eagle. His extensive background also includes a long-standing position as Chief Information Officer at PNC Financial (NYSE:PNC) Services, where he managed various technological aspects for nearly 15 years.
Dhanda's professional contributions extend beyond his corporate roles. He has been an active participant in both professional and philanthropic circles, serving on the CIO Council for Greylock, the President's Council for Oracle (NYSE:ORCL), and on the boards of various cultural and community organizations.
His achievements in the field of technology management have earned him recognition, including induction into the CIO Hall of Fame in 2019.
Holding an MBA and a Ph.D. in Finance from Rutgers University, Dhanda's expertise is expected to be a valuable asset to PENN Entertainment's board. He is set to stand for election at the upcoming 2024 annual meeting of shareholders, pending customary regulatory approvals and licensure requirements.
This strategic appointment reflects PENN Entertainment's commitment to strengthening its leadership team with individuals who have a proven track record in technology and transformation, areas increasingly important for companies in the entertainment and hospitality industry.
The information in this article is based on a press release statement.
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