The 10 Most Highly Compensated Hotels CEOs of 2013
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