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The list of public gaming CEOs keeps shrinking as consolidation continues to impact the casino industry. Size, in the form of market capitalization, tends to dictate CEO pay.

Other top performers included Ed Pitoniak and Kevin Sheehan, relative newcomers to the industry. In fact, only 12 CEOs run traditional casino operators, another low for our survey.

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A frequent lecturer on industry related issues, Kefgen has written more than articles on the topics of executive selection, pay-for-performance, corporate governance and executive leadership. Casino Journal.

Please click here to continue without javascript.. And as the industry condenses, it seems likely that most brick-and-mortar casino companies will make a push to better compete with their technology-based rivals. Having graduated from the Cornell University Hotel School, he went on to work at Waldorf-Astoria Hotel before embarking upon a career in hospitality executive search. October 22, Gaming's top boardrooms of Going corporate with gaming company leaders. Our findings are illustrated in the chart on the next page. Please tell us why. He can be reached at www. This has become a significant trend in overall compensation planning for gaming executives. Casino Journal logo. The casino industry will be no different, as younger adults will focus on their mobile device and skills-based gambling. It is critically important for CEOs and boards to be able to justify these big paychecks to investors and employees. With over 30 years of experience in the hospitality industry, Kefgen is a career hospitality executive. Although stock prices of gaming companies got bashed in the fourth quarter of , there has been a solid rebound in One of the hot-topic issues for compensation committees is that of pay inequality. The larger companies pay more significant dollars. This was interesting as he was in our top five performing CEOs on a comparative basis. Indeed, our list of public gaming CEOs has dipped to its lowest level since we started tracking their pay. It also speaks to the annual financial performance of the group. New regulations require companies to report CEO pay ratios in their proxies. Is this comment offensive? Most recently, he published his first book, The Loneliness of Leadership. Restricted Content You must have JavaScript enabled to enjoy a limited number of articles over the next 30 days. I want to hear from you. Pay-for-performance models such as ours need to be front and center in articulating that everyone wins big if the CEO wins big. In this, our 13th annual study of gaming industry pay, we evaluated the performance of 32 public gaming companies in determining whether a CEO deserved his or her pay. In this issue of Casino Journal , gaming operators prep for reopening in the ongoing shadow of coronavirus, reopening casinos should consider going back to the beginning, architects ponder COVID impact on gaming resort layout and design, and much more! Tell me how we can improve.