Skift Take
The gaming companies don't have the most beds, but they've managed to turn each one they have into a reliable cash register for their business.
Perhaps for Steve Wynn's next Wynn Resorts' commercial he'll begin with his trademark, "Hello, I'm Steve Wynn," and then add, "I made $19.6 million in total compensation in 2013 as chairman and CEO of Wynn Resorts."
Skift examined the financial filings of publicly listed hotel companies and came up with a list of the Top 10 Hotel CEO Pay Packages of 2013 [see below], ranging from top-earner Steve Wynn's $19.6 million to Hilton Worldwide CEO Christopher Nassetta's $2.26 million at number 10.
Before you feel sorry for Nassetta's base salary of a mere $850,000 and $2.26 million in total compensation in 2013 (both lowest among the top 10) as the chain's president and CEO, consider that he signed a new employment agreement in February 2014 growing out of Hilton's successful 2013 IPO, which raised $2.35 billion.
Among the changes in Nassetta's contract, his 2014 base salary increases 41% to $1.2 million, and he was granted 158,311 options, 55,736 restricted stock units, and 167,208 performance shares. Although it's premature to calculate Nassetta's 2014 total compensation, rest assured that he'll be able to pay his grocery bills.
As Wynn Resorts noted in a financial filing dealing with 2013 executive compens
