Caesars Entertainment, Inc.

DB:2ER Stock Report

Market Cap: €6.7b

Caesars Entertainment Management

Management criteria checks 3/4

Caesars Entertainment's CEO is Tom Reeg, appointed in Jan 2019, has a tenure of 5.92 years. total yearly compensation is $18.61M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €14.64M. The average tenure of the management team and the board of directors is 7.6 years and 8.9 years respectively.

Key information

Tom Reeg

Chief executive officer

US$18.6m

Total compensation

CEO salary percentage10.7%
CEO tenure5.9yrs
CEO ownership0.2%
Management average tenure7.6yrs
Board average tenure8.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Reeg's remuneration changed compared to Caesars Entertainment's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$361m

Jun 30 2024n/an/a

-US$278m

Mar 31 2024n/an/a

US$764m

Dec 31 2023US$19mUS$2m

US$786m

Sep 30 2023n/an/a

US$710m

Jun 30 2023n/an/a

US$688m

Mar 31 2023n/an/a

-US$198m

Dec 31 2022US$31mUS$2m

-US$513m

Sep 30 2022n/an/a

-US$807m

Jun 30 2022n/an/a

-US$1b

Mar 31 2022n/an/a

-US$1b

Dec 31 2021US$23mUS$2m

-US$989m

Sep 30 2021n/an/a

-US$1b

Jun 30 2021n/an/a

-US$2b

Mar 31 2021n/an/a

-US$2b

Dec 31 2020US$14mUS$2m

-US$2b

Sep 30 2020n/an/a

-US$1b

Jun 30 2020n/an/a

-US$252m

Mar 31 2020n/an/a

-US$133m

Dec 31 2019US$9mUS$2m

US$81m

Sep 30 2019n/an/a

US$94m

Jun 30 2019n/an/a

US$95m

Mar 31 2019n/an/a

US$113m

Dec 31 2018US$7mUS$900k

US$95m

Sep 30 2018n/an/a

US$184m

Jun 30 2018n/an/a

US$176m

Mar 31 2018n/an/a

US$93m

Dec 31 2017US$8mUS$850k

US$73m

Compensation vs Market: Tom's total compensation ($USD18.61M) is above average for companies of similar size in the German market ($USD3.34M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


CEO

Tom Reeg (52 yo)

5.9yrs

Tenure

US$18,610,359

Compensation

Mr. Thomas Robert Reeg, also known as Tom, CFA, has been the Chief Executive Officer of Caesars Entertainment, Inc. since January 1, 2019 and served as its Chief Financial Officer since March 15, 2016 unti...


Leadership Team

NamePositionTenureCompensationOwnership
Gary Carano
Executive Chairman of the Board10.3yrsno data0.15%
€ 10.3m
Thomas Reeg
CEO & Director5.9yrsUS$18.61m0.22%
€ 14.6m
Anthony Carano
President & COO7.6yrsUS$8.62m0.062%
€ 4.2m
Bret Yunker
Chief Financial Officer5.6yrsUS$7.34m0.058%
€ 3.9m
Stephanie Lepori
Chief Administrative & Accounting Officer8.9yrsUS$3.33m0.023%
€ 1.5m
Edmund Quatmann
Executive VP7.6yrsUS$3.78m0.024%
€ 1.6m
Jeffrey Hendricks
Compliance Officerno datano datano data
Katie Miller
Senior Vice President of Communications & Government Relationsno datano datano data
Josh Jones
Chief Marketing Officer3.8yrsno data0.020%
€ 1.3m
Peter Broughton
Senior Vice President of Information Technologyno datano datano data
Matthew Miele
Senior Vice President of Procurement9.5yrsno datano data
Barron Fuller
Senior Vice President Regional Operations - South7.6yrsno datano data

7.6yrs

Average Tenure

52yo

Average Age

Experienced Management: 2ER's management team is seasoned and experienced (7.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Carano
Executive Chairman of the Board10.3yrsno data0.15%
€ 10.3m
Thomas Reeg
CEO & Director10.3yrsUS$18.61m0.22%
€ 14.6m
David Tomick
Lead Independent Director10.3yrsUS$455.81k0.035%
€ 2.4m
Janis Blackhurst
Independent Director4.4yrsUS$402.65k0.0075%
€ 502.6k
Bonnie Biumi
Independent Director7.6yrsUS$375.81k0.011%
€ 761.9k
Donald Kornstein
Independent Vice Chairman4.4yrsUS$517.95k0.024%
€ 1.6m
Frank Fahrenkopf
Independent Director10.3yrsUS$385.81k0.00016%
€ 10.7k
Michael Pegram
Independent Director10.3yrsUS$380.81k0.099%
€ 6.6m
Courtney Mather
Independent Director4.4yrsUS$445.81k0.018%
€ 1.2m
Kim Jonesto
Independent Directorless than a yearno datano data

8.9yrs

Average Tenure

72yo

Average Age

Experienced Board: 2ER's board of directors are considered experienced (8.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Caesars Entertainment, Inc. is covered by 31 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandt MontourBarclays
Shaun KelleyBofA Global Research
David BainB. Riley Securities, Inc.