Penn National Gaming CEO Timothy Wilmott's 2018 pay jumps 24% to $8.9M
Penn National Gaming reports 2018 executive compensation
By ExecPay News
Published: April 24, 2019
Penn National Gaming reported fiscal year 2018 executive compensation information on April 24, 2019.
In 2018, four executives at Penn National Gaming received on average a compensation package of $4.6M, a 25% increase compared to previous year.
Average pay of disclosed executives at Penn National Gaming
Timothy J. Wilmott, Chief Executive Officer, received $8.9M in total, which increased by 24% compared to 2017. 30% of Wilmott's compensation, or $2.6M, was in non-equity incentive plan. Wilmott also received $2.4M in option awards, $1.6M in salary, $2.2M in stock awards, as well as $107K in other compensation.
For fiscal year 2018, the median employee pay was $29,299 at Penn National Gaming. Therefore, the ratio of Timothy J. Wilmott's pay to the median employee pay was 303 to one.
Jay A. Snowden, Chief Operating Officer, received a compensation package of $4.5M, which increased by 26% compared to previous year. 28% of the compensation package, or $1.3M, was in non-equity incentive plan.
William J. Fair, Chief Financial Officer, earned $2.7M in 2018, a 18% increase compared to previous year.
Carl Sottosanti, General Counsel, received $2.2M in 2018, which increases by 40% compared to 2017.
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Source: SEC filing on April 24, 2019.