Gary Loveman has been a significant figure in the casino and entertainment industry, serving as CEO of Caesars Entertainment, Inc. from 2003 until 2015. He holds a Ph.D. in Economics from the prestigious Massachusetts Institute of Technology (MIT), which informs...

Number of Employees

51K

Year

2015

Total Compensation

$7.62M

Salary

$1.90M

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives while aligning their interests with those of the shareholders, focusing on performance-based incentives.

Bonus

$4.06M

Board Justification

The bonus is based on the company's financial performance and customer satisfaction metrics, with a target annual bonus of $3,250,000 under the Senior Executive Incentive Plan.

Other

$1.66M

Board Justification

Other compensation includes personal security, aircraft usage, and hotel lodging expenses while in Las Vegas.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted in 2015 that vested during the year.

Performance Metrics

The performance metrics for determining compensation include Adjusted EBITDA and customer satisfaction scores.

SEC Filing

From April 14, 2016