William S. Boyd is a notable figure in the hospitality industry and has been with Boyd Gaming Corporation since its inception in 1988. He served as CEO until 2008, significantly shaping the company's trajectory during his tenure. Boyd's leadership has...

Number of Employees

16.13K

Year

2008

Total Compensation

$1.60M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to be competitive with comparable employers in the industry, align compensation with annual objectives and long-term goals, reward above-average corporate performance, and assist in attracting and retaining qualified executives.

Bonus

$250.00K

Board Justification

A special bonus in the amount of $250,000 was approved by the Compensation Committee and paid to Mr. Boyd in recognition of the loss of a benefit that Mr. Boyd previously received under certain split-dollar life insurance arrangements, which were terminated by us on or before December 31, 2003.

Other

$123.32K

Board Justification

Includes perquisites such as medical reimbursements, life insurance premiums, and use of corporate aircraft and car.

Restricted Stock

$225.01K(6.76K Career Restricted Stock Units)

Board Justification

Career Restricted Stock Units granted to Mr. Boyd on January 2, 2008, which were fully vested upon grant due to his age and years of service.

Performance Metrics

Compensation is based on performance metrics including pre-tax income and other financial targets.

SEC Filing

From April 9, 2009

William S. Boyd

Founder and Ex-CEO of Boyd Gaming

WS

Education

Not specified

Field of Expertise

Other - Hospitality

Born

January 1, 1948 - 77 years ago

Is Founder?

Yes

Tenure

19 years 5 months (Aug 1988 - Jan 2008)

Previous Experience

Co-founder of California Hotel and Casino, served as a director and President of that company since its inception in 1973.