Red Rock Resorts Management
Management criteria checks 4/4
Red Rock Resorts' CEO is Frank Fertitta, appointed in Oct 2015, has a tenure of 8.5 years. total yearly compensation is $3.48M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 7.12% of the company’s shares, worth $445.76M. The average tenure of the management team and the board of directors is 4.5 years and 8.6 years respectively.
Key information
Frank Fertitta
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 28.7% |
| CEO tenure | 8.5yrs |
| CEO ownership | 7.1% |
| Management average tenure | 4.5yrs |
| Board average tenure | 8.6yrs |
Recent management updates
Recent updates
Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16
Red 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 23Sparket joins hands with Station Casinos, subsidiary of Red Rock Resorts
Oct 07Red Rock Resorts: Seize This Exciting Catalyst
Aug 22Red Rock Resorts declares $0.25 dividend
Aug 10Is Red Rock Resorts, Inc. (NASDAQ:RRR) Trading At A 31% Discount?
Jun 26Why We Like The Returns At Red Rock Resorts (NASDAQ:RRR)
May 30Red Rock Resorts (NASDAQ:RRR) Seems To Use Debt Quite Sensibly
Apr 04Red Rock Resorts (NASDAQ:RRR) Shareholders Will Want The ROCE Trajectory To Continue
Feb 18An Intrinsic Calculation For Red Rock Resorts, Inc. (NASDAQ:RRR) Suggests It's 42% Undervalued
Jan 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.28M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Fertitta (61 yo)
8.5yrs
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 | 8.5yrs | US$3.48m | 7.12% $ 445.8m | |
| President | 2.2yrs | US$8.49m | 0.22% $ 13.6m | |
| Executive VP | 6.9yrs | US$4.22m | 0.41% $ 25.8m | |
| Executive VP & Chief Legal Officer | 6.8yrs | US$3.94m | 0.34% $ 21.6m | |
| Executive Officer | less than a year | US$3.34m | 0.40% $ 25.2m | |
| Executive VP & COO | less than a year | no data | 0.028% $ 1.8m | |
| Chief Accounting Officer | no data | no data | no data | |
| Vice President of Finance & Investor Relations | no data | no data | no data |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Management: RRR's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.6yrs | US$3.48m | 7.12% $ 445.8m | |
| Vice Chairman of the Board | 8.6yrs | US$125.00k | 7.12% $ 445.8m | |
| Lead Independent Director | 8.6yrs | US$375.11k | 0.084% $ 5.3m | |
| Independent Director | 8.6yrs | US$338.03k | 0.084% $ 5.3m | |
| Independent Director | 8.6yrs | US$331.36k | 0.084% $ 5.3m |
8.6yrs
Average Tenure
61yo
Average Age
Experienced Board: RRR's board of directors are considered experienced (8.6 years average tenure).