leadership
confidence high
sentiment neutral
materiality 0.50
Red Rock Resorts sets President Kreeger's compensation: $1.1M base, $8.65M equity, 5-yr term
Red Rock Resorts, Inc.
- Scott Kreeger receives annual base salary of $1,100,000 and target bonus of 125% of base.
- Initial equity award valued at $8,650,000, comprising stock options (4-yr vest) and restricted shares (3-4 yr vest).
- Employment agreement effective March 3, 2022, with a fixed 5-year term.
- Compensation Committee also extended employment agreements for Fertitta, Cootey, and Welch through March 2027.