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Gaming and Leisure Properties Expands Board of Directors With Appointment of Michael Borofsky

  • Gaming and Leisure Properties, Inc. appointed Michael Borofsky as a new independent director effective immediately, pending regulatory approvals.
  • The Board of Directors now consists of eight members, with seven classified as independent under Nasdaq standards.
  • Borofsky is the founder of Mithrandir Ventures, a diversified family office focused on gaming, healthcare, software, & climate tech.
  • Chairman Peter Carlino highlighted Borofsky's expertise in financial strategy, capital allocation, & law as valuable assets for the company's growth.
  • Prior to Mithrandir, Borofsky served as General Counsel & investment committee member at Gryphon Investors, a $9 billion private equity fund.
  • He previously held executive roles at the Pohlad Companies & spent 16 years as a senior executive at MacAndrews & Forbes.
  • Borofsky began his career at Skadden, Arps, Slate, Meagher & Flom LLP & worked as an analyst at Goldman Sachs.
  • He holds a B.A. from Yale University & a J.D. from Columbia University School of Law, where he was a Harlan Fiske Stone Scholar.
  • GLPI operates as a real estate investment trust acquiring & leasing properties to gaming operators under triple-net lease agreements.