After more than seven years at the helm of Barstool Sports — and in the wake of the company’s ill-fated sale in 2023 — Erika Ayers Badan announced Tuesday that she is stepping down as CEO.
Last summer, Barstool Sports founder Dave Portnoy bought the site back from casino and online gambling operator Penn Entertainment for $1. That came after Penn Entertainment paid a total of about $550 million to acquire 100% control of Barstool, a few months before deciding to part ways with Barstool.
“The last two years was all Penn all the time,” Ayers Badan wrote in a farewell message to Barstool staffers.
