MGM Resorts International CEO William Hornbuckle's 2021 pay slips 5% to $13M
MGM Resorts International reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
MGM Resorts International reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, five executives at MGM Resorts International received on average a compensation package of $7.2M, a 46% decrease compared to previous year.
Average pay of disclosed executives at MGM Resorts International
William J. Hornbuckle, Chief Executive Officer, received $13M in total, which decreased by 5% compared to 2020. 60% of Hornbuckle's compensation, or $8M, was in stock awards. Hornbuckle also received $3.6M in non-equity incentive plan, $1.5M in salary, as well as $165K in other compensation.
For fiscal year 2021, the median employee pay was $34,988 at MGM Resorts International. Therefore, the ratio of William J. Hornbuckle's pay to the median employee pay was 379 to one.
Tilak Mandadi, Chief Strategy, Innovation & Technology Officer, received a compensation package of $7.4M. 73% of the compensation package, or $5.4M, was in stock awards.
Corey I. Sanders, Chief Operating Officer, earned $7M in 2021, a 8% increase compared to previous year.
Jonathan S. Halkyard, Chief Financial Officer, received $4.7M in 2021.
John McManus, General Counsel, earned $3.6M in 2021, a 12% increase compared to previous year.
Related executives
William Hornbuckle
MGM Resorts International
Chief Executive Officer
Jonathan Halkyard
MGM Resorts International
Chief Financial Officer
Corey Sanders
MGM Resorts International
Chief Operating Officer
Tilak Mandadi
MGM Resorts International
Chief Strategy, Innovation & Technology Officer
John McManus
MGM Resorts International
General Counsel
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Source: SEC filing on March 25, 2022.