Red Rock Resorts President Richard Haskins' 2018 pay jumps 27% to $6.5M
Red Rock Resorts reports 2018 executive compensation
By ExecPay News
Published: April 29, 2019
Red Rock Resorts reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, five executives at Red Rock Resorts received on average a compensation package of $3.5M, a 26% increase compared to previous year.
Average pay of disclosed executives at Red Rock Resorts
Richard J. Haskins, President, received $6.5M in total, which increased by 27% compared to 2017. 52% of Haskins' compensation, or $3.4M, was in option awards. Haskins also received $1M in bonus, $952K in salary, $1.1M in stock awards, as well as $50K in other compensation.
For fiscal year 2018, the median employee pay was $31,047 at Red Rock Resorts. Therefore, the ratio of Richard J. Haskins' pay to the median employee pay was 209 to one.
Stephen L. Cootey, Chief Financial Officer, received a compensation package of $3.1M, which increased by 5% compared to previous year. 44% of the compensation package, or $1.3M, was in option awards.
Jeffrey T. Welch, Chief Legal Officer, earned $3M in 2018, a 12% increase compared to previous year.
Joseph J. Hasson, Chief Operating Officer, received $3M in 2018, which increases by 43% compared to 2017.
Frank J. Fertitta III, Chief Executive Officer, earned $2M in 2018, a 1% increase compared to previous year.
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Source: SEC filing on April 29, 2019.