The List: Highest-paid executives in Las Vegas

Ranked by 2010 total compensation

Mon, Jun 20, 2011 (3 a.m.)

Name Total compensation Salary Non-equity
incentive plan
Option/stock
value realized
Cost to
company
1
Michael Leven
president, COO-Las Vegas Sands Corp.
$31.8 million $2 million $0 $28.7 million $12.3 million
2
Steve Wynn
CEO-Wynn Resorts Ltd.
$14.6 million $3 million $6.9 million $0 $14.6 million
3
Marc Schorr
COO-Wynn Resorts Ltd.
$13.9 million $1.8 million $3.4 million $5.8 million $8.1 million
4
Richard Haddrill
president, CEO-Bally Technologies
$13.5 million $998,000 $0 $12.5 million $2.7 million
5
Linda Chen
president Wynn International Marketing-Wynn Resorts Ltd.
$11.4 million $1.4 million $2 million $5.2 million $6.2 million
6
Sheldon Adelson
CEO-Las Vegas Sands Corp.
$9.6 million $1 million $5.7 million $29,626 $11.4 million
7
Matt Maddox
CFO-Wynn Resorts Ltd.
$8.3 million $1 million $2 million $4.8 million $3.5 million
8
Jim Murren
CEO, president-MGM Resorts International
$7.6 million $2 million $4.3 million $0 $9.8 million
9
Gary Loveman
president, CEO-Caesars Entertainment Corp.
$5.9 million $1.9 million $2.7 million $0 $18.3 million
10
Steven Jacobs
former CEO Sands China Ltd.-Las Vegas Sands Corp.
$4.9 million $782,132 $0 $4 million $3.1 million
11
Ramesh Srinivasan
EVP Bally Systems-Bally Technologies
$4.8 million $382,692 $167,280 $4.2 million $1.1 million
12
Michael Yackira
president, CEO-NV Energy Inc.
$4.7 million $791,923 $1.1 million $1.2 million $5.3 million
13
Bobby Baldwin
chief design and construction officer-MGM Resorts International
$4.5 million $1.6 million $1.2 million $46,500 $10.2 million
14
Thomas Arasi
former president, CEO of Marina Bay Sand Ptc. Ltd.-Las Vegas Sands Corp.
$4.5 million $1.1 million $0 $2.9 million $4.7 million
15
Kenneth Kay
EVP, CFO-Las Vegas Sands Corp.
$4.4 million $1.1 million $1.1 million $2.2 million $7.6 million
16
Stephen Capp
former EVP, CFO-Pinnacle Entertainment Inc.
$3.5 million $500,000 $730,000 $2.3 million $1.9 million
17
Farid Suleman
CEO-Citadel Broadcasting Corp.
$3.2 million $1.2 million $0 $0 $30.6 million
18
Kim Sinatra
general counsel-Wynn Resorts Ltd.
$3 million $595,940 $1.1 million $920,500 $2.1 million
19
Scott Butera
former president, CEO-Tropicana Entertainment Inc.
$2.8 million $1.1 million $0 $0 $2.8 million
20
Frank Fertitta III
CEO-Station Casinos Inc.
$2.5 million $2.3 million $0 $0 $2.5 million
21
Robert Boughner
EVP and chief business development officer/CEO, president of Echelon Resorts Corp.-Boyd Gaming Corp.
$2.3 million $1.1 million $0 $504,292 $2.8 million
22
Michael Isaacs
EVP, COO-Bally Technologies
$2.2 million $600,000 $207,720 $1.4 million $2 million
23
Peter Murphy
president strategy and development-Caesars Entertainment Corp.
$2.1 million $1.3 million $800,000 $0 $3.7 million
24
Robert Caller
EVP, CFO-Bally Technologies
$2.1 million $365,000 $152,643 $1.6 million $624,747
25
Anthony Sanfilippo
president, CEO-Pinnacle Entertainment Inc.
$2.1 million $662,308 $1.3 million $0 $5.6 million
26
Bill Boyd
chairman-Boyd Gaming Corp.
$2 million $1 million $0 $150,001 $2.9 million
27
William Hornbuckle IV
chief marketing officer-MGM Resorts International
$1.9 million $1 million $491,720 $47,066 $2.4 million
28
Rob Goldstein
EVP, president of global gaming-Las Vegas Sands Corp.
$1.9 million $1.5 million $0 $97,050 $1.8 million
29
John Payne
president Central Division-Caesars Entertainment Corp.
$1.8 million $985,274 $825,000 $0 $3.2 million
30
Alain Uboldi
former EVP Belterra and Boomtown-Pinnacle Entertainment Inc.
$1.8 million $425,000 $525,000 $340,900 $1.9 million
31
Keith Smith
president, CEO-Boyd Gaming Corp.
$1.8 million $1.1 million $0 $0 $3.4 million
32
Jeffrey Shaw
CEO-Southwest Gas Corp.
$1.7 million $673,644 $403,098 $2.6 million
33
Thomas Jenkin
president Western Division-Caesars Entertainment Corp.
$1.7 million $1.2 million $500,000 $0 $3.9 million
34
Jeffrey Ceccarelli
SVP service delivery and operations-NV Energy Inc.
$1.7 million $384,769 $262,600 $497,439 $1.7 million
35
Roberto Denis
SVP generation and energy supply-NV Energy Inc.
$1.6 million $382,116 $279,000 $436,941 $1.7 million
36
Scott Betts
president, CEO-Global Cash Access Holdings Inc.
$1.5 million $600,000 $225,000 $624,038 $2 million
37
Paul Kaleta
SVP, general counsel-NV Energy Inc.
$1.5 million $415,385 $322,200 $462,273 $1.6 million
38
George Gresham
former CFO-Global Cash Access Holdings Inc.
$1.5 million $137,019 $0 $1.3 million $443,474
39
Corey Sanders
COO-MGM Resorts International
$1.4 million $729,176 $382,449 $6,403 $2.1 million
40
John Godfrey
EVP, general counsel-Pinnacle Entertainment Inc.
$1.3 million $438,461 $320,142 $585,661 $1.4 million
41
Daniel D’Arrigo
EVP, CFO-MGM Resorts International
$1.3 million $629,808 $204,884 $35,861 $1.6 million
42
Jacquelyn Orr
former VP, general counsel-Citadel Broadcasting Corp.
$1.2 million $342,574 $0 $292 $2.4 million
43
David Ross
CEO-Affinity Gaming LLC
$1.1 million $600,000 $450,000 $0 $1.1 million
44
Kevin Kelley
EVP, COO-Station Casinos Inc.
$1 million $1 million $0 $0 $1 million
45
Jonathan Halkyard
SVP, CFO-Caesars Entertainment Corp.
$1 million $675,365 $336,000 $0 $2.5 million
46
Paul Chakmak
COO, EVP-Boyd Gaming Corp.
$995,238 $675,000 $0 $0 $2 million
47
Alex Yemenidjian
president, CEO-Tropicana Las Vegas Hotel and Casino Inc.
$992,775 $800,000 $0 $0 $992,775
48
Ferenc Szony
president-Affinity Gaming LLC
$981,908 $568,470 $413,438 $0 $981,908
49
Clifford Kortman
former EVP construction and development-Pinnacle Entertainment Inc.
$971,728 $425,000 $524,000 $8,160 $1.4 million
50
Mark Lerner
SVP, general counsel-Bally Technologies
$944,603 $270,000 $112,914 $525,285 $626,949

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Discussion: 10 comments so far…

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  1. Are we surprised the majority are affiliated with Casinos and related entitites? How the guy from Southwest Gas got in there was surprising.

  2. The list should continue to show where the head of NV Energy shows up and the former Clark County Manager Virginia Valentine as head of the Nevada Resort Association. If SW Gas is a public utility, and the public is demanding that government behave more like private business, then private business needs to cut executive compensation as well. No Nevadan should suffer another utility rate increase when an executive paid out of public profits makes close to THREE MILLION DOLLARS A YEAR.

  3. I expect each of the above richly-paid executives truly believes that he or she is worth every penny.
    But they are not. Their over-sized compensation greatly harms the companies over time. It robs the shareholders of profits, and it means less money to pay the employees. In addition, the system allows insidious conflicts of interest to become entangled in the governance of the companies. Trying to manipulate the company in order to qualify for complicated bonuses/share options creates too much temptation for the executives.
    These obscene packages for the executives is one of the more recent innovations that is killing America.

  4. The NV Energy people were left off the list inadvertently, they've now been added. I've also corrected an error in the formula used for calculating the total compensation, which has resulted in some reshuffling of the list.
    Ulf Buchholz
    Research Director

  5. While many may comment on how high these pay scales are, kills America, bad for the little guy, blah blah those who are smarter will realize a good pay can come from a job within these industries and they will have a goal to achieve. I doubt any of these executives sat around on his couch and waited for the job to come to him/her, they worked their butts off and took risk.

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