In 2008, J. Terrence Lanni earned $3.34M in total compensation at MGM Resorts International, primarily from $2.00M salary.
Compensation History
Annual executive compensation data for J. Terrence Lanni, including salary, bonuses, and stock awards.
Year
2008
Total Compensation
$3.34M
Salary
$2.00M
Bonus
$0.00
Other
$1.34M
Salary
$2.00MBoard Justification
The compensation philosophy aims to attract and retain talented executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$0.00Board Justification
No bonuses were awarded under the Incentive Plan for 2008 as the performance threshold was not met.
Other Compensation
$1.34MBoard Justification
Includes personal use of company aircraft, contributions to retirement plans, and other benefits.
Restricted Stock
Board Justification
No stock awards vested in 2008 as the performance criteria were not met for any RSUs or SARs.
Performance Metrics
The performance metrics for 2008 were based on achieving a minimum level of pre-tax operating income, which was not met.
J. Terrence Lanni
Ex-CEO of MGM Resorts International
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
August 22, 1941 - 84 years ago
CEO of MGM Resorts International for
0 years 0 months (Dec 2008 - Nov 2008)
Previous Experience
Chairman of the Board and Chief Executive Officer of MGM MIRAGE
Other MGM Resorts International CEOs
Holdings
Track J. Terrence Lanni's stock holdings and portfolio value over time.
Insider Trading
J. Terrence Lanni's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare J. Terrence Lanni with competitor CEOs and industry peers.
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