Penn National Gaming, Inc. 2008 Executive Officer Compensation Schedule
Penn National Gaming, Inc. has disclosed the 2008 annual salaries for its top executive officers, including the Chairman and CEO, President and COO, and other senior executives. The agreement outlines the specific salary amounts each executive will receive for the fiscal year 2008. This document serves as a formal record of the compensation arrangements for these key officers.
Exhibit 10.26
Compensatory Arrangements with Certain Executive Officers
Set forth below are the 2008 salaries of Penn National Gaming, Inc.’s named executive officers and its recently appointed President and Chief Operating Officer:
| Name and Title |
| Salary for Fiscal 2008 |
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| Peter M. Carlino Chairman and Chief Executive Officer |
| $ | 1,560,000 |
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| Timothy J. Wilmott President and Chief Operating Officer |
| $ | 1,250,000 |
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| Leonard M. DeAngelo Executive Vice President of Operations |
| $ | 750,000 |
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| William J. Clifford Senior Vice President-Finance and Chief Financial Officer |
| $ | 728,000 |
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| Jordan B. Savitch Senior Vice President and General Counsel |
| $ | 421,200 |
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| Robert Ippolito Vice President, Secretary and Treasurer |
| $ | 280,800 |
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