Denver Broncos transfer controlling owner designation from Rob Walton to CEO Greg Penner

  • 📰 AP
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The Denver Broncos have finalized the transfer of controlling owner designation from Rob Walton to his son-in-law, team CEO Greg Penner. Penner has run the day-to-day operations of the team along with his wife, Carrie Walton Penner, since the family purchased the franchise last year. The Penners' four children will also receive an ownership stake.

ENGLEWOOD, Colo. — The Denver Broncos say nothing in the club’s day-to-day operations or organizational structure will change after the transfer of the franchise’s controlling owner designation from Rob Walton to his son-in-law, CEO Greg Penner.

“The NFL has approved changes to the ownership structure of the Walton-Penner group aligned with the family’s long-term vision for the Denver Broncos,” the club said in a statement Wednesday evening.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in LAW

Law Law Latest News, Law Law Headlines