Red Rock Resorts Management
Management criteria checks 4/4
Red Rock Resorts' CEO is Frank Fertitta, appointed in Oct 2015, has a tenure of 9.08 years. total yearly compensation is $3.48M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 7.47% of the company’s shares, worth $388.82M. The average tenure of the management team and the board of directors is 7.4 years and 9.2 years respectively.
Key information
Frank Fertitta
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 28.7% |
| CEO tenure | 9.1yrs |
| CEO ownership | 7.5% |
| Management average tenure | 7.4yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate
Nov 11
Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital
Oct 24Off-Strip Domination: Why Red Rock Is My Favorite Hotel And Casino In Vegas
Oct 20Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking
Aug 31Red Rock Resorts Update: The Bullish Trend Remains Intact
Aug 01Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 01Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Jul 26We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jun 30Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Jun 08Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
May 25Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 10Red Rock Resorts: Under The Radar Despite Solid Performance
Apr 29Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Feb 23RRR: An Update As The Shares Rise To New Highs
Feb 13Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next
Feb 10Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jan 25Red Rock Resorts (NASDAQ:RRR) Is Due To Pay A Dividend Of $0.25
Dec 13These 4 Measures Indicate That Red Rock Resorts (NASDAQ:RRR) Is Using Debt Extensively
Dec 06Returns Are Gaining Momentum At Red Rock Resorts (NASDAQ:RRR)
Nov 04Red Rock Resorts, Inc.'s (NASDAQ:RRR) Intrinsic Value Is Potentially 85% Above Its Share Price
Oct 11Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Sep 05Red Rock Resorts (NASDAQ:RRR) Has Affirmed Its Dividend Of $0.25
Aug 22Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 08We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jul 24Is Red Rock Resorts, Inc. (NASDAQ:RRR) Trading At A 23% Discount?
May 29Red Rock Resorts (NASDAQ:RRR) Is Due To Pay A Dividend Of $0.25
May 11Under The Bonnet, Red Rock Resorts' (NASDAQ:RRR) Returns Look Impressive
May 09We Think Red Rock Resorts (NASDAQ:RRR) Can Stay On Top Of Its Debt
Apr 19Red Rock Resorts (NASDAQ:RRR) Has Announced A Dividend Of $0.25
Feb 11A Look At The Fair Value Of Red Rock Resorts, Inc. (NASDAQ:RRR)
Feb 08Returns on Capital Paint A Bright Future For Red Rock Resorts (NASDAQ:RRR)
Jan 24Is Red Rock Resorts (NASDAQ:RRR) A Risky Investment?
Jan 08Here's Why Red Rock Resorts (NASDAQ:RRR) Has Caught The Eye Of Investors
Dec 09Red Rock Resorts (NASDAQ:RRR) Is Very Good At Capital Allocation
Oct 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$164m |
| Jun 30 2024 | n/a | n/a | US$170m |
| Mar 31 2024 | n/a | n/a | US$174m |
| Dec 31 2023 | US$3m | US$1m | US$176m |
| Sep 30 2023 | n/a | n/a | US$211m |
| Jun 30 2023 | n/a | n/a | US$226m |
| Mar 31 2023 | n/a | n/a | US$202m |
| Dec 31 2022 | US$3m | US$1m | US$205m |
| Sep 30 2022 | n/a | n/a | US$262m |
| Jun 30 2022 | n/a | n/a | US$284m |
| Mar 31 2022 | n/a | n/a | US$355m |
| Dec 31 2021 | US$3m | US$1m | US$242m |
| Sep 30 2021 | n/a | n/a | US$123m |
| Jun 30 2021 | n/a | n/a | US$95m |
| Mar 31 2021 | n/a | n/a | -US$63m |
| Dec 31 2020 | US$2m | US$538k | -US$150m |
| Sep 30 2020 | n/a | n/a | -US$175m |
| Jun 30 2020 | n/a | n/a | -US$235m |
| Mar 31 2020 | n/a | n/a | -US$167m |
| Dec 31 2019 | US$2m | US$1m | -US$3m |
| Sep 30 2019 | n/a | n/a | US$766k |
| Jun 30 2019 | n/a | n/a | US$31m |
| Mar 31 2019 | n/a | n/a | US$118m |
| Dec 31 2018 | US$2m | US$1m | US$158m |
| Sep 30 2018 | n/a | n/a | US$178m |
| Jun 30 2018 | n/a | n/a | US$175m |
| Mar 31 2018 | n/a | n/a | US$67m |
| Dec 31 2017 | US$2m | US$1m | US$35m |
Compensation vs Market: Frank's total compensation ($USD3.48M) is below average for companies of similar size in the US market ($USD7.97M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Fertitta (62 yo)
9.1yrs
Tenure
US$3,480,037
Compensation
Mr. Frank J. Fertitta, III, has been Chief Executive Officer and Manager of Station Casinos LLC since January 2011 and June 2011 respectively. He serves as Co-Founder and Principal Owner at TKO Group Holdi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.1yrs | US$3.48m | 7.47% $ 388.8m | |
| President | 2.8yrs | US$8.49m | 0.22% $ 11.2m | |
| Executive VP | 7.5yrs | US$4.22m | 0.41% $ 21.5m | |
| Executive VP & Chief Legal Officer | 7.4yrs | US$3.94m | 0.35% $ 18.0m | |
| Executive VP & COO | less than a year | no data | 0.12% $ 6.3m | |
| Chief Accounting Officer | no data | no data | no data | |
| Vice President of Finance & Investor Relations | no data | no data | no data |
7.4yrs
Average Tenure
56yo
Average Age
Experienced Management: RRR's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.2yrs | US$3.48m | 7.47% $ 388.8m | |
| Vice Chairman of the Board | 9.2yrs | US$125.00k | 7.36% $ 382.8m | |
| Lead Independent Director | 9.2yrs | US$375.11k | 0.084% $ 4.4m | |
| Independent Director | 9.2yrs | US$338.03k | 0.084% $ 4.4m | |
| Independent Director | 9.2yrs | US$331.36k | 0.084% $ 4.4m |
9.2yrs
Average Tenure
62yo
Average Age
Experienced Board: RRR's board of directors are considered experienced (9.2 years average tenure).