Bally's Chicago Inc.
06/04/2026 | Press release | Distributed by Public on 06/04/2026 14:27
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Bally's Chicago, Inc. ("Bally's Chicago") is a majority owned subsidiary of Bally's Chicago Holding Company, LLC, a wholly owned subsidiary of Bally's Corporation. On May 29, 2026, Bally's Management Group, LLC, a subsidiary of Bally's Corporation, entered into an employment agreement with Cheryl Ash, as its Senior Vice President, Finance and North America, as well as the Chief Financial Officer of Bally's Chicago. Under this agreement, Ms. Ash's annual compensation will consist of a base salary of $350,000, which will be reviewed annually, and a potential target bonus of 75% of base salary. Ms. Ash will be eligible to receive future equity grants in form and amounts to be determined by the compensation committee of the Bally's Corporation board of directors. Ms. Ash's employment agreement is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
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