Caesars Entertainment Management

Management criteria checks 3/4

Caesars Entertainment's CEO is Tom Reeg, appointed in Jan 2019, has a tenure of 5.83 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 MX$358.39M. The average tenure of the management team and the board of directors is 7.5 years and 8.8 years respectively.

Key information

Tom Reeg

Chief executive officer

US$18.6m

Total compensation

CEO salary percentage	10.7%
CEO tenure	5.8yrs
CEO ownership	0.2%
Management average tenure	7.5yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Reeg's remuneration changed compared to Caesars Entertainment's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$361m
Jun 30 2024	n/a	n/a	-US$278m
Mar 31 2024	n/a	n/a	US$764m
Dec 31 2023	US$19m	US$2m	US$786m
Sep 30 2023	n/a	n/a	US$710m
Jun 30 2023	n/a	n/a	US$688m
Mar 31 2023	n/a	n/a	-US$198m
Dec 31 2022	US$31m	US$2m	-US$513m
Sep 30 2022	n/a	n/a	-US$807m
Jun 30 2022	n/a	n/a	-US$1b
Mar 31 2022	n/a	n/a	-US$1b
Dec 31 2021	US$23m	US$2m	-US$989m
Sep 30 2021	n/a	n/a	-US$1b
Jun 30 2021	n/a	n/a	-US$2b
Mar 31 2021	n/a	n/a	-US$2b
Dec 31 2020	US$14m	US$2m	-US$2b
Sep 30 2020	n/a	n/a	-US$1b
Jun 30 2020	n/a	n/a	-US$252m
Mar 31 2020	n/a	n/a	-US$133m
Dec 31 2019	US$9m	US$2m	US$81m
Sep 30 2019	n/a	n/a	US$94m
Jun 30 2019	n/a	n/a	US$95m
Mar 31 2019	n/a	n/a	US$113m
Dec 31 2018	US$7m	US$900k	US$95m
Sep 30 2018	n/a	n/a	US$184m
Jun 30 2018	n/a	n/a	US$176m
Mar 31 2018	n/a	n/a	US$93m
Dec 31 2017	US$8m	US$850k	US$73m

Compensation vs Market: Tom's total compensation ($USD18.61M) is above average for companies of similar size in the MX market ($USD2.38M).

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

CEO

Tom Reeg (52 yo)

5.8yrs

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

Name	Position	Tenure	Compensation	Ownership
Gary Carano	Executive Chairman of the Board	10.2yrs	no data	0.15% MX$ 253.3m
Thomas Reeg	CEO & Director	5.8yrs	US$18.61m	0.22% MX$ 358.4m
Anthony Carano	President & COO	7.5yrs	US$8.62m	0.062% MX$ 101.8m
Bret Yunker	Chief Financial Officer	5.5yrs	US$7.34m	0.058% MX$ 95.4m
Stephanie Lepori	Chief Administrative & Accounting Officer	8.8yrs	US$3.33m	0.023% MX$ 37.5m
Edmund Quatmann	Executive VP	7.5yrs	US$3.78m	0.024% MX$ 40.1m
Jeffrey Hendricks	Compliance Officer	no data	no data	no data
Katie Miller	Senior Vice President of Communications & Government Relations	no data	no data	no data
Josh Jones	Chief Marketing Officer	3.8yrs	no data	0.020% MX$ 32.4m
Peter Broughton	Senior Vice President of Information Technology	no data	no data	no data
Matthew Miele	Senior Vice President of Procurement	9.4yrs	no data	no data
Barron Fuller	Senior Vice President Regional Operations - South	7.5yrs	no data	no data

7.5yrs

Average Tenure

52yo

Average Age

Experienced Management: CZR1 *'s management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Carano	Executive Chairman of the Board	10.2yrs	no data	0.15% MX$ 253.3m
Thomas Reeg	CEO & Director	10.2yrs	US$18.61m	0.22% MX$ 358.4m
David Tomick	Lead Independent Director	10.2yrs	US$455.81k	0.035% MX$ 58.0m
Janis Blackhurst	Independent Director	4.3yrs	US$402.65k	0.0075% MX$ 12.3m
Bonnie Biumi	Independent Director	7.5yrs	US$375.81k	0.011% MX$ 18.7m
Donald Kornstein	Independent Vice Chairman	4.3yrs	US$517.95k	0.024% MX$ 39.4m
Frank Fahrenkopf	Independent Director	10.2yrs	US$385.81k	0.00016% MX$ 261.8k
Michael Pegram	Independent Director	10.2yrs	US$380.81k	0.099% MX$ 162.7m
Courtney Mather	Independent Director	4.3yrs	US$445.81k	0.018% MX$ 29.6m
Kim Jonesto	Independent Director	less than a year	no data	no data

8.8yrs

Average Tenure

72yo

Average Age

Experienced Board: CZR1 *'s board of directors are considered experienced (8.8 years average tenure).

Caesars Entertainment Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Caesars Entertainment, Inc. Announces the Resignation of Rodney Williams as Executive Chairman

Independent Director recently sold Mex$5.5m worth of stock

Independent Director recently bought Mex$25m worth of stock

Insufficient new directors

Caesars Entertainment, Inc., Annual General Meeting, Jun 11, 2024

Recent updates

Third quarter 2024 earnings released: US$0.042 loss per share (vs US$0.34 profit in 3Q 2023)

Insufficient new directors

Caesars Entertainment, Inc. Announces the Resignation of Rodney Williams as Executive Chairman

Caesars Entertainment, Inc. Launches Its Newest Proprietary iGaming Platform, Horseshoe Online Casino

Caesars Entertainment, Inc. (NasdaqGS:CZR) announces an Equity Buyback for $500 million worth of its shares.

Caesars Entertainment, Inc. to Report Q3, 2024 Results on Oct 29, 2024

Caesars Entertainment, Inc.(NasdaqGS:CZR) dropped from FTSE All-World Index (USD)

Innovative Gaming Technology Engineer Sam Johnson Prevails Against Caesars Entertainment in Nevada Supreme Court Ruling

Caesars Entertainment, Inc. Expands Mobile Sports Betting Access in Washington, D.C

Caesars Entertainment, Inc.(NasdaqGS:CZR) dropped from Russell 1000 Growth Index

Caesars Entertainment, Inc. to Report Q2, 2024 Results on Jul 30, 2024

Caesars Entertainment, Inc. (NasdaqGS:CZR) completed the acquisition of Michigan iGaming Business Operations of Wsi Us LLC.

Investor sentiment improves as stock rises 18%

Independent Director recently sold Mex$5.5m worth of stock

Independent Director recently bought Mex$25m worth of stock

Insufficient new directors

Caesars Entertainment, Inc. Upgrades App with First-Of-Its-Kind Functionality

Caesars Entertainment, Inc., Annual General Meeting, Jun 11, 2024

Caesars Entertainment, Inc. Appoints Kim Harris Jones to Board of Directors

Caesars Sportsbook Launches Mobile Wagering At Harrah's Gulf Coast in Mississippi

Caesars Entertainment, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Independent Director recently bought Mex$10m worth of stock

Insufficient new directors

Caesars Entertainment, Inc. and PlayAGS, Inc. Celebrate Exclusive Omnichannel Launch of Rakin’ Bacon Odyssey in New Jersey

New major risk - Financial position

Insufficient new directors

Caesars Entertainment, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Caesars Entertainment, Inc. Announces Caesars Sportsbook Goes Live with Mobile Sports Betting in Puerto Rico

Caesars Entertainment, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Caesars Entertainment, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Caesars Entertainment, Inc.'s Caesars Sportsbook Goes Live with Mobile and In-Person Sports Betting in Ohio

Caesars Entertainment, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Caesars Sportsbook Goes Live with Mobile Sports Betting in Kansas

Second quarter 2022 earnings released: EPS: US$0.16 (vs US$0.48 in 2Q 2021)

Caesars Entertainment, Inc. Launches Sports Wagering Mobile Aap, Caesars Sportsbook

Caesars Entertainment, Inc. Announces Executive Changes

Caesars Entertainment, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Caesars Entertainment, Inc. Announces Caesars Sportsbook At Chase Field Now Open with Guy Fieri's Dtphx Kitchen + Bar

Independent Director recently sold Mex$2.7m worth of stock

Caesars Sportsbook and NYRA Bets Launch the Caesars Racebook App in Florida and Ohio

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age