Sundar PichaiSundar Pichai earned $164M in 2023

Tom Reeg has been at the helm of Caesars Entertainment since August 2020. He graduated with a B.A. in Economics from Duke University and has a strong finance background. Under his leadership, Caesars has focused on performance-based metrics, achieving significant...

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Tom Reeg

CEO of Caesars Entertainment, Inc.

Education

B.A. in Economics from Duke University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

March 22, 1976 - 49 years ago

CEO of Caesars Entertainment, Inc. for

4 years 8 months (Aug 2020 - Present)

Previous Experience

President of Eldorado Resorts, Inc.

Holdings

See how much did Tom Reeg make over time.

Tom Reeg's insider trading activity has shown significant fluctuations. In 2021 alone, he traded shares worth over $23 million at peak times. The value of his trades peaked at $23.58M in January 2021. In 2022, his trading remained strong with...

Mar 18, 2025

Total Stock Sold

$11.15M

CZR

$11.15M

140,000 CZR shares

What if they kept their stock?

If Tom Reeg didn't sell their stock, today they would have:
Extra CZR140,000 shares worth $1.11M.
This is -90.05% and $10.04M less than what they got when they sold the stock.

Charitable Transactions

CZR

242,160 shares

CZR

Recent Charitable Transactions

CZR

242,160 shares

CZR

Feb 29, 2024

Charity

Insider Trading

See recent insider trades of Tom Reeg.

CZR

242,160 shares

CZR

Feb 29, 2024

Charity

CZR

242,160 shares

CZR

Feb 29, 2024

Charity

CZR

21,915 shares

CZR

Feb 20, 2024

Received

CZR

$370.73K

CZR at $49.43/share

Jun 14, 2023

Purchase

CZR

$713.76K

CZR at $71.38/share

Mar 8, 2022

Purchase

CZR

$6.19M

CZR at $88.39/share

Apr 1, 2021

Sale

CZR

$4.99M

CZR at $71.25/share

Jan 29, 2021

Sale

Compensation History

See how much did Tom Reeg make over time.

In 2023, Tom Reeg's total compensation reached approximately $18.1 million. His base salary was set at $2 million, complemented by a bonus of $4.1 million, driven by successful performance metrics linked to Adjusted EBITDA. Notably, he also received vested stock worth $12.5 million, making performance-based equity a significant part of his earnings. This shows that his pay is closely tied to the company’s success. Additionally, other compensation elements, including benefits and insurance, amounted to around $337K. Reeg’s compensation plan is structured to motivate and retain top talent, aligning his interests with those of the shareholders and ensuring that he is rewarded for driving the company's performance.

Year

2023

Total Compensation

$18.95M

Salary

$2.00M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high-quality executives, aligning their interests with those of shareholders through performance-based incentives.

Bonus

$4.11M

Board Justification

The annual bonus earned for 2023 based on performance metrics achieved, specifically tied to Adjusted EBITDA targets.

Other

$336.59K

Board Justification

Other compensation includes life insurance premiums, long-term disability, group term life insurance, use of corporate aircraft, 401(k) match, and health savings account contributions.

Restricted Stock

$12.50M(267.31K RSUs and PSUs)

Board Justification

The number of shares acquired on vesting of RSUs and annual PSUs during 2023, reflecting performance-based equity compensation that vested in 2023.

Performance Metrics

The performance metrics for 2023 included Adjusted EBITDA targets and total shareholder return (TSR) relative to the S&P 500.

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