Las Vegas Sands COO Robert Goldstein's 2018 pay jumps 203% to $25M
Las Vegas Sands reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
Las Vegas Sands reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, four executives at Las Vegas Sands received on average a compensation package of $13M, a 37% increase compared to previous year.
Average pay of disclosed executives at Las Vegas Sands
Robert G. Goldstein, Chief Operating Officer, received $25M in total, which increased by 203% compared to 2017. 64% of Goldstein's compensation, or $16M, was in option awards. Goldstein also received $3.4M in non-equity incentive plan, $3.4M in salary, as well as $2M in other compensation.
For fiscal year 2018, the median employee pay was $40,611 at Las Vegas Sands. Therefore, the ratio of Robert G. Goldstein's pay to the median employee pay was 607 to one.
Sheldon G. Adelson, Chief Executive Officer, received a compensation package of $24M, which decreased by 8% compared to previous year. 52% of the compensation package, or $13M, was in non-equity incentive plan.
Patrick Dumont, Chief Financial Officer, earned $2.4M in 2018, a 4% decrease compared to previous year.
Lawrence A. Jacobs, General Counsel, received $1.8M in 2018, which is about the same as previous year.
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Source: SEC filing on April 3, 2019.