MGM Resorts International CEO James Murren's 2018 pay slips 12% to $13M
MGM Resorts International reports 2018 executive compensation
By ExecPay News
Published: March 20, 2019
MGM Resorts International reported fiscal year 2018 executive compensation information on March 20, 2019.
In 2018, six executives at MGM Resorts International received on average a compensation package of $6M, a 23% decrease compared to previous year.
Average pay of disclosed executives at MGM Resorts International
James J. Murren, Chief Executive Officer, received $13M in total, which decreased by 12% compared to 2017. 54% of Murren's compensation, or $7M, was in stock awards. Murren also received $3.1M in non-equity incentive plan, $2M in salary, as well as $700K in other compensation.
For fiscal year 2018, the median employee pay was $36,192 at MGM Resorts International. Therefore, the ratio of James J. Murren's pay to the median employee pay was 355 to one.
William J. Hornbuckle, President, received a compensation package of $6.1M, which decreased by 15% compared to previous year. 45% of the compensation package, or $2.8M, was in stock awards.
Corey I. Sanders, Chief Operating Officer, earned $5.7M in 2018, a 15% decrease compared to previous year.
Robert H. Baldwin, Former Chief Customer Development Officer, received $4.8M in 2018, which decreases by 25% compared to 2017.
Daniel J. D'Arrigo, Chief Financial Officer, earned $3.5M in 2018, a 14% decrease compared to previous year.
John McManus, General Counsel, received $2.9M in 2018.
Related executives
James Murren
MGM Resorts International
Chief Executive Officer
Daniel D'Arrigo
MGM Resorts International
Chief Financial Officer
Robert Baldwin
MGM Resorts International
Former Chief Customer Development Officer
William Hornbuckle
MGM Resorts International
Chief Executive Officer
John McManus
MGM Resorts International
General Counsel
Corey Sanders
MGM Resorts International
Chief Operating Officer
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Source: SEC filing on March 20, 2019.