VICI Properties Management

Management criteria checks 3/4

VICI Properties' CEO is Ed Pitoniak, appointed in Oct 2017, has a tenure of 7.08 years. total yearly compensation is $11.28M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth MX$776.74M. The average tenure of the management team and the board of directors is 2.5 years and 7.1 years respectively.

Key information

Ed Pitoniak

Chief executive officer

US$11.3m

Total compensation

CEO salary percentage	8.9%
CEO tenure	7.1yrs
CEO ownership	0.1%
Management average tenure	2.5yrs
Board average tenure	7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ed Pitoniak's remuneration changed compared to VICI Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3b
Jun 30 2024	n/a	n/a	US$3b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$11m	US$1m	US$3b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$12m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$795m
Jun 30 2022	n/a	n/a	US$626m
Mar 31 2022	n/a	n/a	US$984m
Dec 31 2021	US$8m	US$900k	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$7m	US$875k	US$892m
Sep 30 2020	n/a	n/a	US$702m
Jun 30 2020	n/a	n/a	US$448m
Mar 31 2020	n/a	n/a	US$371m
Dec 31 2019	US$6m	US$765k	US$546m
Sep 30 2019	n/a	n/a	US$590m
Jun 30 2019	n/a	n/a	US$575m
Mar 31 2019	n/a	n/a	US$562m
Dec 31 2018	US$4m	US$725k	US$524m
Sep 30 2018	n/a	n/a	US$424m
Jun 30 2018	n/a	n/a	US$294m
Mar 31 2018	n/a	n/a	US$155m
Dec 31 2017	US$2m	US$170k	US$43m

Compensation vs Market: Ed's total compensation ($USD11.28M) is above average for companies of similar size in the MX market ($USD5.76M).

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

CEO

Ed Pitoniak (68 yo)

7.1yrs

Tenure

US$11,277,678

Compensation

Mr. Edward Baltazar Pitoniak, also known as Ed, has been the Chief Executive Officer and a Director of VICI Properties Inc. since October 6, 2017. Mr. Pitoniak served as Vice Chairman of Realterm, a privat...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edward Pitoniak	CEO & Director	7.1yrs	US$11.28m	0.11% MX$ 776.7m
John W. Payne	President & COO	7.1yrs	US$5.42m	0.038% MX$ 264.1m
David Kieske	Executive VP	6.8yrs	US$4.45m	0.032% MX$ 226.0m
Samantha Gallagher	Executive VP	6.4yrs	US$3.47m	0.029% MX$ 202.0m
Kellan Florio	Senior VP & Chief Investment Officer	2.5yrs	no data	no data
Gabriel Wasserman	Senior VP	6.4yrs	no data	0.0032% MX$ 22.2m
Jeremy Waxman	Vice President of Accounting & Administration	less than a year	no data	no data
Jacques Cornet	Investor Relations of ICR Inc.	no data	no data	no data
Benjamin Somogyi	Assistant General Counsel & Director of Compliance	less than a year	no data	no data
Amanda Schumer	Director of People	less than a year	no data	no data
Moira McCloskey	Senior Vice President of Capital Markets	2.5yrs	no data	no data
Jonathan DeMarco	Director of Asset Management	less than a year	no data	no data

2.5yrs

Average Tenure

53yo

Average Age

Experienced Management: VICI *'s management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Edward Pitoniak	CEO & Director	7.1yrs	US$11.28m	0.11% MX$ 776.7m
Michael Rumbolz	Independent Director	7.1yrs	US$295.00k	0.0078% MX$ 54.8m
Craig Macnab	Independent Director	7.1yrs	US$320.00k	0.0062% MX$ 43.8m
James Abrahamson	Independent Chair of the Board	7.1yrs	US$395.00k	0.015% MX$ 108.7m
Diana Cantor	Independent Director	6.5yrs	US$325.00k	0.0047% MX$ 33.2m
Elizabeth Holland	Independent Director	6.8yrs	US$315.00k	0.0048% MX$ 34.1m
Monica Douglas	Independent Director	4.8yrs	US$285.00k	0.0031% MX$ 22.1m

7.1yrs

Average Tenure

68yo

Average Age

Experienced Board: VICI *'s board of directors are considered experienced (7.1 years average tenure).

VICI Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Senior VP recently sold Mex$8.3m worth of stock

Independent Chair of the Board recently bought Mex$4.8m worth of stock

VICI Properties Inc., Annual General Meeting, Apr 30, 2024

VICI Properties Inc., Annual General Meeting, Apr 30, 2024

VICI Properties Inc., Annual General Meeting, Apr 30, 2024

Insufficient new directors

Recent updates

VICI Properties Inc. to Report Q3, 2024 Results on Oct 31, 2024

Senior VP recently sold Mex$8.3m worth of stock

Second quarter dividend of US$0.43 announced

VICI Properties Inc. to Report Q2, 2024 Results on Jul 31, 2024

First quarter dividend of US$0.41 announced

Investor sentiment improves as stock rises 16%

VICI Properties Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.

VICI Properties Inc. to Report Q1, 2024 Results on May 01, 2024

Independent Chair of the Board recently bought Mex$4.8m worth of stock

VICI Properties Inc., Annual General Meeting, Apr 30, 2024

VICI Properties Inc., Annual General Meeting, Apr 30, 2024

VICI Properties Inc., Annual General Meeting, Apr 30, 2024

Upcoming dividend of US$0.41 per share

Fourth quarter dividend of US$0.41 announced

VICI Properties Inc. Declares Regular Quarterly Cash Dividend for the Period from January 1, 2024 to March 31, 2024, Payable on April 4, 2024

VICI Properties Inc. to Report Q4, 2023 Results on Feb 22, 2024

Upcoming dividend of US$0.41 per share at 5.4% yield

VICI Properties Inc. Declares Regular Quarterly Dividend for the Period from October 1, 2023 to December 31, 2023, Payable on January 4, 2024

Investor sentiment improves as stock rises 17%

VICI Properties Inc. (NYSE:VICI) acquired Land and real estate assets of 38 Bowling Entertainment Centers from Bowlero Corp. for approximately $430 million.

VICI Properties Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.41 per share at 5.3% yield

VICI Properties Inc. Increases Regular Quarterly Dividend, Payable on October 5, 2023

Insufficient new directors

VICI Properties Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.39 per share at 4.8% yield

VICI Properties Inc. (NYSE:VICI) entered into a definitive agreement to acquire Four Properties in Alberta, Canada from Century Resorts Alberta Inc., Century Casino St. Albert Inc, Century Mile Racetrack and Casino and United Horsemen of Alberta Inc. for approximately CAD 220 million.

Upcoming dividend of US$0.39 per share at 4.8% yield

Insufficient new directors

VICI Properties Inc. has completed a Follow-on Equity Offering in the amount of $869.55 million.

VICI Properties Inc. (NYSE:VICI) acquired PURE Portfolio in Alberta from Pure Canadian Gaming Corp. for approximately CAD 280 million.

VICI Properties Inc. (NYSE:VICI) completed the acquisition of remaining 49.9% stake in MGM Grand Las Vegas and Mandalay Bay Resort from Blackstone Real Estate Income Trust, Inc.

VICI Properties Inc. to Report Fiscal Year 2022 Results on Feb 23, 2023

Insufficient new directors

VICI Properties Inc. acquired Casino Vicksburg, LLC from Foundation Gaming & Entertainment, LLC.

Upcoming dividend of US$0.39 per share

VICI Properties Inc. Declares Regular Quarterly Cash Dividend for the Period from October 1, 2022 to December 31, 2022, Payable on January 5, 2023

VICI Properties Inc. (NYSE:VICI) entered into a definitive agreement to acquire remaining 49.9% stake in MGM Grand Las Vegas and Mandalay Bay Resort from Blackstone Real Estate Income Trust, Inc. for $4.3 billion.

Insufficient new directors

Insufficient new directors

VICI Properties Inc. to Report Q3, 2022 Results on Oct 27, 2022

Insufficient new directors

Upcoming dividend of US$0.39 per share

VICI Properties Inc. Declares Regular Quarterly Cash Dividend for the Period from July 1, 2022 to September 30, 2022, Payable on October 6, 2022

Insufficient new directors

VICI Properties Inc. to Report Q2, 2022 Results on Jul 27, 2022

VICI Properties Inc. Declares Regular Quarterly Cash Dividend for the Period from April 1, 2022 to June 30, 2022, Payable on July 7, 2022

Vici Properties Inc. Announces Executive Appointment

Insufficient new directors

Insufficient new directors

VICI Properties Inc. to Report Q1, 2022 Results on May 04, 2022

Insufficient new directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age