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...

Current Market Cap

$8.81B

Number of Employees

51K

Total Compensation

2020 - 2023

Trending up by 6.20% last year
Showing total compensation for the last 2020 - 2023

Stock

Up by 12.52% last year

Salary

Up by 0.00% last year

Bonus

Down by -6.55% last year

Other

Up by 0.99% last year

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.

SEC Filing

From April 29, 2024