other material
confidence high
sentiment neutral
materiality 0.60
Caesars extends CEO Reeg and exec team contracts through Jan 2027; grants RSUs
Caesars Entertainment, Inc.
- CEO Tom Reeg and five other execs extended employment term to Jan 1, 2027, with auto one-year renewals.
- One-time RSU grants: Reeg 70,126, Carano 82,509, Yunker 57,754, Quatmann 49,505, Lepori 14,750, Jones 10,250; vest over three years.
- New annual base salaries: Reeg $2M, Carano $1.35M, Yunker $1.2M, Quatmann $800k, Lepori $725k.
- Annual bonus targets: Reeg 200% of base, Carano 125%, Yunker 125%, Quatmann 100%, Lepori 100%.
- Long-term incentive awards as % of base: Reeg 475%, Carano 325%, Yunker 300%, Quatmann 250%, Lepori 250%.