Red Rock Resorts Former President Richard Haskins' 2020 pay falls 43% to $7M
Red Rock Resorts reports 2020 executive compensation
By ExecPay News
Published: April 22, 2021
Red Rock Resorts reported fiscal year 2020 executive compensation information on April 22, 2021.
In 2020, five executives at Red Rock Resorts received on average a compensation package of $2.8M, a 54% decrease compared to previous year.
Richard J. Haskins, Former President, received $7M in total, which decreased by 43% compared to 2019. 41% of Haskins' compensation, or $2.9M, was in option awards. Haskins also received $1.1M in bonus, $547K in salary, $2.4M in stock awards, as well as $106K in other compensation.
For fiscal year 2020, the median employee pay was $36,904 at Red Rock Resorts. Therefore, the ratio of Richard J. Haskins' pay to the median employee pay was 189 to one.
Frank J. Fertitta III, Chief Executive Officer, received a compensation package of $2.4M, which increased by 25% compared to previous year. 47% of the compensation package, or $1.2M, was in other compensation.
Stephen L. Cootey, Chief Financial Officer, earned $1.6M in 2020, a 73% decrease compared to previous year.
Jeffrey T. Welch, Chief Legal Officer, received $1.5M in 2020, which decreases by 73% compared to 2019.
Robert A. Finch, Chief Operating Officer, earned $1.2M in 2020, a 72% decrease compared to previous year.