Red Rock Resorts President Richard Haskins' 2019 pay jumps 87% to $12M
Red Rock Resorts reports 2019 executive compensation
By ExecPay News
Published: April 22, 2020
Red Rock Resorts reported fiscal year 2019 executive compensation information on April 22, 2020.
In 2019, five executives at Red Rock Resorts received on average a compensation package of $6M, a 72% increase compared to previous year.
Average pay of disclosed executives at Red Rock Resorts
Richard J. Haskins, President, received $12M in total, which increased by 87% compared to 2018. 41% of Haskins' compensation, or $5M, was in option awards. Haskins also received $1.1M in bonus, $1.1M in salary, $4.9M in stock awards, as well as $52K in other compensation.
For fiscal year 2019, the median employee pay was $31,003 at Red Rock Resorts. Therefore, the ratio of Richard J. Haskins' pay to the median employee pay was 391 to one.
Stephen L. Cootey, Chief Financial Officer, received a compensation package of $6.1M, which increased by 99% compared to previous year. 37% of the compensation package, or $2.3M, was in option awards.
Jeffrey T. Welch, Chief Legal Officer, earned $5.7M in 2019, a 89% increase compared to previous year.
Robert A. Finch, Chief Operating Officer, received $4.3M in 2019.
Frank J. Fertitta III, Chief Executive Officer, earned $2M in 2019, which is about the same as previous year.
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Source: SEC filing on April 22, 2020.