Andrew Rubenstein is the CEO of Accel Entertainment, a company he co-founded in 2009. With a background in Business Administration, he has steered the company through significant changes since its inception. Under his leadership, Accel transitioned from a startup to...

Andrew Rubenstein is the CEO of Accel Entertainment, a company he co-founded in 2009. With a background in Business Administration, he has steered the company through significant changes since its inception. Under his leadership, Accel transitioned from a startup to a public company after a successful merger with TPG Pace Holdings in 2019. In April 2023, his base salary was adjusted to $925,000, and he was granted performance-based stock options which could unlock substantial value depending on company performance. Interestingly, his compensation grew from about $918,829 in 2020 to over $1.7 million in 2022, highlighting his effectiveness in meeting performance goals. Beyond figures, Andrew's journey from a small liquor store owner to the CEO of a public gaming company reflects his resilience and strategic insight. His focus has always been on shareholder value, making decisions aimed at driving revenue growth and profitability.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

A

Andrew Rubenstein

Founder and CEO of Accel Entertainment

Education

N/A

Field of Expertise

Media & Entertainment - Gaming

Sector of Economy

Consumer Cyclical

Born

January 1, 1968 - 57 years ago

CEO of Accel Entertainment for

15 years 3 months (Jan 2010 - Present)

Previous Experience

Co-founder of Accel Entertainment

Rivals

Competitors/colleagues of Andrew Rubenstein

Holdings

See how much did Andrew Rubenstein make over time.

Andrew Rubenstein's holdings in Accel Entertainment reflect his commitment and skin in the game. As of April 2023, he received a grant of 520,247 performance stock units that will vest based on achieving specific stock price targets by April 2026....

Andrew Rubenstein's holdings in Accel Entertainment reflect his commitment and skin in the game. As of April 2023, he received a grant of 520,247 performance stock units that will vest based on achieving specific stock price targets by April 2026. Notably, prior to that, his total compensation increased significantly from $918,829 in 2020 to $1,792,193 in 2022, but his wealth in direct stock ownership has seen fluctuations due to market conditions. He emphasizes long-term value creation, aligning his interests with those of shareholders through performance metrics tied to the company's success.

Total Stock Sold

$6.72M

ACEL

$6.72M

633,650 ACEL shares

What if they kept their stock?

If Andrew Rubenstein didn't sell their stock, today they would have:
Extra ACEL633,650 shares worth $4.91M.
This is -26.87% and $1.80M less than what they got when they sold the stock.

Charitable Transactions

ACEL

89,720 shares

ACEL

Recent Charitable Transactions

ACEL

13,200 shares

ACEL

Sep 11, 2024

Charity

ACEL

1,180 shares

ACEL

Jun 14, 2024

Charity

ACEL

6,500 shares

ACEL

May 21, 2024

Charity

ACEL

18,030 shares

ACEL

Dec 14, 2023

Charity

ACEL

6,450 shares

ACEL

Sep 12, 2023

Charity

ACEL

7,680 shares

ACEL

May 12, 2023

Charity

Insider Trading

See recent insider trades of Andrew Rubenstein.

ACEL

$191.51K

ACEL at $12.06/share

Sep 18, 2024

Sale

ACEL

$49.42K

ACEL at $12.01/share

Sep 14, 2024

Sale

ACEL

13,200 shares

ACEL

Sep 11, 2024

Charity

ACEL

$550.75K

ACEL at $12.06/share

Jul 31, 2024

Sale

ACEL

1,180 shares

ACEL

Jun 14, 2024

Charity

ACEL

$170.17

ACEL at $10.01/share

Jun 14, 2024

Sale

ACEL

6,500 shares

ACEL

May 21, 2024

Charity

ACEL

18,030 shares

ACEL

Dec 14, 2023

Charity

ACEL

$406.10K

ACEL at $10.15/share

Dec 1, 2023

Sale

ACEL

$216.17K

ACEL at $10.81/share

Nov 8, 2023

Sale

Compensation History

See how much did Andrew Rubenstein make over time.

In 2022, Andrew Rubenstein's total compensation was $1,792,193, comprising a salary of $789,231 and a bonus of $720,000, rewarding him for achieving key performance metrics. His compensation has grown notably compared to previous years, illustrating his impact as CEO. The bonus structure is designed to motivate success in revenue growth and profitability. In 2023, his salary was reset to $925,000 with additional performance-based stock units granted, aimed at improving the company’s stock performance. This compensation strategy aligns his pay with the company's long-term success, ensuring leadership is focused on delivering value to shareholders.

Year

2022

Total Compensation

$1.53M

Salary

$789.23K

Board Justification

The compensation philosophy of Accel is to attract and retain talented executives by providing competitive compensation packages that align with company performance and shareholder interests.

Bonus

$720.00K

Board Justification

Annual cash bonuses earned by the CEO pursuant to the achievement of certain Accel and individual performance objectives in 2022.

Other

$23.96K

Board Justification

Other compensation includes matching contributions to Accel’s 401(k) plan, health insurance premiums, vehicle allowances, and travel expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2022 as the amounts reported in the stock awards column reflect the grant date fair value of the RSUs granted during the fiscal year.

Performance Metrics

The performance metrics determining the CEO's compensation in 2022 included revenue growth, adjusted EBITDA, and individual performance objectives.