leadership
confidence high
sentiment neutral
materiality 0.50
Full House Resorts promotes CFO Fanger to President; new employment deals for Fanger and Guidroz
FULL HOUSE RESORTS INC
- Lewis Fanger promoted to President, remains CFO and Treasurer; Daniel Lee stays as CEO. Effective July 11, 2025.
- Fanger's base salary set at $500,000/year; eligible for up to 150% bonus, plus $200,000 milestone for debt refinancing by March 2027.
- Elaine Guidroz (SVP, General Counsel) gets new 3-year agreement with $350,000 base salary and similar bonus structure.
- Fanger granted 20,742 restricted shares (time & performance vesting); Guidroz granted 12,444 restricted shares.
- 2025 Adjusted EBITDA performance targets: threshold $50M, target $65M, ceiling $80M for bonus calculations.
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