Gaming and Leisure Properties, Inc. has announced a new compensation agreement following the decision to eliminate the role of Senior Vice President and Chief Investment Officer. Matthew J. Demchyk, who currently holds this position, will depart from the company on August 1, 2025. According to the separation agreement, Mr. Demchyk will receive cash severance totaling $6,250,000, with payments staggered over the next year. He will receive $3,250,000 shortly after executing a general release of claims, $2,300,000 by March 15, 2026, and $700,000 on August 1, 2026. Additionally, Mr. Demchyk will benefit from continued coverage under the company's medical, dental, and vision plans for up to 24 months post-separation, or until he secures coverage through a new employer. The agreement will be detailed in the company's upcoming quarterly report.
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