Keith E. Smith, the current CEO of Boyd Gaming Corporation, has been part of the company for a significant duration, starting back in 2008. His leadership style focuses heavily on operations, showcasing a commitment to the company’s core areas. In...

Keith E. Smith, the current CEO of Boyd Gaming Corporation, has been part of the company for a significant duration, starting back in 2008. His leadership style focuses heavily on operations, showcasing a commitment to the company’s core areas. In 2023, Keith's total compensation reached $11.4 million, which includes 263,205 shares of stock that vested this year, indicating a strong performance alignment with the company's outcomes. His past experience at Boyd includes various important roles, spanning over 15 years, and he has seen the company through many changes in the gaming industry. Notably, between 2020 and 2021, the value of his personal holdings fluctuated significantly, peaking at around $84 million in April 2021, reflecting his investment in the company’s success. Keith has steered Boyd Gaming through challenging times and has a performance philosophy promoting sustainability and value creation for shareholders. He's driven by metrics that help gauge success, ensuring Boyd remains a competitive player in the gaming market.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Boyd Gaming CEOs

B

Keith E. Smith

CEO of Boyd Gaming

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1960 - 65 years ago

CEO of Boyd Gaming for

2 years 3 months (Jan 2023 - Present)

Previous Experience

Served in numerous senior executive positions since joining the Company in 1990.

Rivals

Competitors/colleagues of Keith E. Smith

M

William Hornbuckle

CEO of MGM Resorts International

2023 Compensation

Stock

$4.50M

Salary

$2.00M

Bonus

$0.00

Other

$228.88K

Total Holdings

$19.84M

C

Thomas J. Smach

CEO of Crocs

2014 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$23.05M

C

Tom Reeg

CEO of Caesars Entertainment, Inc.

2023 Compensation

Stock

$12.50M

Salary

$2.00M

Bonus

$4.11M

Other

$336.59K

Total Holdings

$4.07M

G

Blake L. Sartini

Founder and CEO of Golden Entertainment

2022 Compensation

Stock

$0.00

Salary

$1.05M

Bonus

$0.00

Other

$300.86K

Total Holdings

$152.17M

Holdings

See how much did Keith E. Smith make over time.

Keith's holdings demonstrate fluctuations in value, peaking at around $84 million in April 2021. Since then, the value has seen ups and downs but remained strong, particularly in early 2023 when it was at $82.70 million. His investments show a...

Keith's holdings demonstrate fluctuations in value, peaking at around $84 million in April 2021. Since then, the value has seen ups and downs but remained strong, particularly in early 2023 when it was at $82.70 million. His investments show a clear alignment with the company's performance, a sign of his commitment to Boyd Gaming. The most recent values in 2024 have remained stable, indicating a solid foundation. Over the years, he has strategically managed his shares, reflecting confidence in Boyd's continued growth. Such significant variations showcase his involvement and optimistic outlook on the company's future.

Mar 18, 2025

B

shares

BYD @ $67.82

Total Stock Sold

$71.45M

BYD

$71.45M

1,783,014 BYD shares

What if they kept their stock?

If Keith E. Smith didn't sell their stock, today they would have:
Extra BYD1,783,014 shares worth $27.24M.
This is -61.87% and $44.20M less than what they got when they sold the stock.

Charitable Transactions

BYD

470,348 shares

BYD

Recent Charitable Transactions

BYD

15,000 shares

BYD

Nov 26, 2024

Charity

BYD

70,348 shares

BYD

Aug 26, 2022

Charity

BYD

100,000 shares

BYD

Feb 25, 2022

Charity

BYD

75,000 shares

BYD

Aug 18, 2021

Charity

BYD

60,000 shares

BYD

Dec 3, 2020

Charity

BYD

150,000 shares

BYD

Aug 6, 2020

Charity

Insider Trading

See recent insider trades of Keith E. Smith.

BYD

15,000 shares

BYD

Nov 26, 2024

Charity

BYD

$2.16M

BYD at $72.15/share

Nov 22, 2024

Sale

BYD

$2.15M

BYD at $71.77/share

Nov 19, 2024

Sale

BYD

$2.94M

BYD at $73.49/share

Nov 13, 2024

Sale

BYD

$6.43M

BYD at $64.35/share

Feb 28, 2024

Sale

BYD

142,965 shares

BYD

Feb 28, 2024

Received

BYD

$6.48M

BYD at $64.79/share

Feb 24, 2023

Sale

BYD

192,204 shares

BYD

Feb 24, 2023

Received

BYD

49,366 shares

BYD

Feb 22, 2023

Received

BYD

$3.79M

BYD at $58.96/share

Nov 10, 2022

Sale

Compensation History

See how much did Keith E. Smith make over time.

In 2023, Keith E. Smith received a total compensation package of $11.4 million, highlighting the company's recognition of his efforts and performance. This total included a $1.55 million salary, no bonuses, and significant vested stock worth approximately $16.7 million. The compensation breakdown signifies Boyd Gaming's approach of linking pay closely with company performance. Historically, his compensation has varied and reflected the financial success of Boyd, signaling a compensation philosophy that values performance metrics. The absence of bonuses in recent years indicates a challenging environment, yet the increase in stock rewards demonstrates a commitment to long-term value generation. Over the past years, Keith's compensation reflects how he has navigated the company through ups and downs while maintaining focus on sustainable growth.

Year

2023

Total Compensation

$18.27M

Salary

$1.55M

Board Justification

The compensation philosophy aligns executive compensation with company performance, focusing on sustainable value creation and competitive benchmarking.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$26.16K

Board Justification

Includes 401(k) contributions, life insurance premiums, medical reimbursements, use of corporate aircraft, and other benefits.

Restricted Stock

$16.70M(263.21K RSU)

Board Justification

263,205 shares of stock awards vested in 2023, including Career RSUs, time-based RSUs, and Performance Shares.

Performance Metrics

Compensation is based on performance metrics including Adjusted EBITDAR and CSR initiatives.

Other Boyd Gaming CEOs

Here are other CEOs of Boyd Gaming

William S. Boyd

Founder and Ex-CEO of Boyd Gaming

August 1988 - January 2008