Century Casinos Management
Management criteria checks 2/4
Century Casinos' CEO is Erwin Haitzmann, appointed in Mar 1994, has a tenure of 30.17 years. total yearly compensation is $3.43M, comprised of 19% salary and 81% bonuses, including company stock and options. directly owns 4.84% of the company’s shares, worth $4.62M. The average tenure of the management team and the board of directors is 4.6 years and 28.8 years respectively.
Key information
Erwin Haitzmann
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 19.0% |
| CEO tenure | 30.2yrs |
| CEO ownership | 4.8% |
| Management average tenure | 4.6yrs |
| Board average tenure | 28.8yrs |
Recent management updates
Recent updates
Century Casinos, Inc. (NASDAQ:CNTY) Held Back By Insufficient Growth Even After Shares Climb 28%
Apr 06
Market Cool On Century Casinos, Inc.'s (NASDAQ:CNTY) Revenues Pushing Shares 29% Lower
Feb 01Century Casinos GAAP EPS of $0.28 beats by $0.07, revenue of $111.1M misses by $0.23M
Aug 05Is Century Casinos (NASDAQ:CNTY) A Risky Investment?
Jun 14Century Casinos (NASDAQ:CNTY) Has A Somewhat Strained Balance Sheet
Jan 19We Think That There Are Issues Underlying Century Casinos' (NASDAQ:CNTY) Earnings
Nov 12This Is Why Century Casinos, Inc.'s (NASDAQ:CNTY) CEO Compensation Looks Appropriate
Jun 03Century Casinos re-opens casinos in Poland
May 28Century Casinos EPS beats by $0.10, beats on revenue
May 07Century Casinos temporarily closes its Poland casinos on COVID-19 spread
Dec 28Century Casinos: Growing Fast But So Is Competition
Nov 17Century Casinos EPS beats by $0.07, beats on revenue
Nov 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$650k | -US$28m |
| Sep 30 2023 | n/a | n/a | -US$21m |
| Jun 30 2023 | n/a | n/a | -US$4m |
| Mar 31 2023 | n/a | n/a | US$7m |
| Dec 31 2022 | US$2m | US$592k | US$8m |
| Sep 30 2022 | n/a | n/a | US$16m |
| Jun 30 2022 | n/a | n/a | US$24m |
| Mar 31 2022 | n/a | n/a | US$22m |
| Dec 31 2021 | US$1m | US$620k | US$21m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | -US$4m |
| Dec 31 2020 | US$1m | US$607k | -US$48m |
| Sep 30 2020 | n/a | n/a | -US$75m |
| Jun 30 2020 | n/a | n/a | -US$78m |
| Mar 31 2020 | n/a | n/a | -US$66m |
| Dec 31 2019 | US$1m | US$606k | -US$19m |
| Sep 30 2019 | n/a | n/a | US$1m |
| Jun 30 2019 | n/a | n/a | US$3m |
| Mar 31 2019 | n/a | n/a | US$4m |
| Dec 31 2018 | US$1m | US$620k | US$3m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | US$4m |
| Mar 31 2018 | n/a | n/a | US$5m |
| Dec 31 2017 | US$1m | US$609k | US$6m |
Compensation vs Market: Erwin's total compensation ($USD3.43M) is above average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Erwin's compensation has increased whilst the company is unprofitable.
CEO
Erwin Haitzmann (69 yo)
30.2yrs
Tenure
US$3,427,627
Compensation
Dr. Erwin Haitzmann has been the Co-Chief Executive Officer of Century Casinos, Inc. at Century Casino & Hotel since March 16, 2005 and serves as its Chairman. Dr. Haitzmann has been employed full-time by...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Co-CEO | 30.2yrs | US$3.43m | 4.84% $ 4.6m | |
| Vice Chairman | 30.2yrs | US$3.47m | 4.89% $ 4.7m | |
| CFO & Corporate Secretary | 14yrs | US$781.05k | 0.54% $ 513.7k | |
| Chief Accounting Officer & Corporate Controller | 14yrs | US$635.74k | 0.16% $ 153.3k | |
| MD of CRM GmbH & Executive VP of Operations – United States | 2.3yrs | US$916.84k | 0.22% $ 211.9k | |
| MD of CRM GmbH & Executive VP of Operations - Canada & Europe | 2.3yrs | US$567.17k | 0.23% $ 219.7k | |
| Chief Information Officer | 2.3yrs | no data | no data | |
| Vice President of Human Resources | 3.3yrs | no data | no data | |
| Senior Vice President of Operations - Canada | 4.6yrs | no data | no data |
4.6yrs
Average Tenure
54yo
Average Age
Experienced Management: CNTY's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Co-CEO | 30.2yrs | US$3.43m | 4.84% $ 4.6m | |
| Vice Chairman | 30.2yrs | US$3.47m | 4.89% $ 4.7m | |
| Independent Director | 24.1yrs | US$67.00k | 0.11% $ 102.6k | |
| Independent Director | 27.3yrs | US$87.00k | 0.28% $ 268.3k | |
| Independent Director | no data | US$67.00k | 0.0045% $ 4.3k |
28.8yrs
Average Tenure
68yo
Average Age
Experienced Board: CNTY's board of directors are seasoned and experienced ( 28.8 years average tenure).