In 2022, Matt Maddox earned $18.28M in total compensation at Wynn Resorts, including $153.85K salary and $10.29M in stock. Most recently sold 20,000 shares in Jan 2022. Currently holds stock worth $36.12M. Led Wynn Resorts as CEO for 3 years.
Compensation History
Annual executive compensation data for Matt Maddox, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$18.28M
Salary
$153.85K
Bonus
$0.00
Other
$7.83M
Salary
$153.85KBoard Justification
The compensation philosophy is designed to align the interests of executives with those of shareholders by tying compensation to performance metrics that drive long-term shareholder value.
Bonus
$0.00Board Justification
No annual bonus was paid for the period of employment in 2022 as he transitioned out of the CEO role on January 31, 2022.
Other Compensation
$7.83MBoard Justification
Includes a cash payment of $3.0 million for eighteen months’ salary and a cash payment of $4.6 million representing 11/12ths of the annual bonus for 2021, as per the Maddox Transition Agreement.
Restricted Stock
Board Justification
117,916 shares of stock vested on January 31, 2022, as part of the Maddox Transition Agreement, reflecting a pro-rata share of restricted stock previously granted.
Performance Metrics
The performance metrics for the CEO's compensation were primarily based on company performance and strategic goals, including the successful transition and management of the company during a challenging period.
Matt Maddox
Ex-CEO of Wynn Resorts
Education
Bachelor's degree in Finance from the University of Nevada, Las Vegas
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Cyclical
Born
October 6, 1975 - 50 years ago
CEO of Wynn Resorts for
3 years 11 months (Feb 2018 - Jan 2022)
Previous Experience
Chief Financial Officer of Wynn Resorts, Limited; various roles within the company since 2002
Holdings
Track Matt Maddox's stock holdings and portfolio value over time.
Total Stock Sold
$72.23M
$72.23M
529,107 WYNN shares
What if they kept their stock?
If Matt Maddox didn't sell their stock, today they would have:
Extra WYNN529,107 shares worth $66.69M.
This is -7.67% and $5.54M less than what they got when they sold the stock.
Insider Trading
Matt Maddox's recent stock transactions, purchases, and sales filed with the SEC.
$1.85M
WYNN at $92.26/share
Jan 18, 2022
Sale
29,137 shares
WYNN
Jan 11, 2022
Received
$1.80M
WYNN at $90.08/share
Dec 23, 2021
Sale
65,724 shares
WYNN
Jan 11, 2021
Received
$5.66M
WYNN at $113.18/share
Dec 30, 2020
Sale
24,501 shares
WYNN
Aug 18, 2020
Received
32,071 shares
WYNN
Mar 23, 2020
Received
180,000 shares
WYNN
Feb 26, 2020
Received
53,324 shares
WYNN
Jan 14, 2020
Received
$3.02M
WYNN at $120.66/share
Dec 2, 2019
Sale
Rivals
Compare Matt Maddox with competitor CEOs and industry peers.
Robert G. Goldstein
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2023 Compensation
Stock
$11.21M
Salary
$3.00M
Bonus
$6.90M
Other
$2.29M
Total Holdings
$5.46M
Patrick S. Pacious
CEO of Choice Hotels International
2022 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$0.00
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$197.73M
Jason Robins
Founder and CEO of DraftKings Inc.
2023 Compensation
Stock
$300.00K
Salary
$500.00K
Bonus
$200.00K
Other
$150.00K
Total Holdings
$27.10M
Keith E. Smith
CEO of Boyd Gaming
2023 Compensation
Stock
$16.70M
Salary
$1.55M
Bonus
$0.00
Other
$26.16K
Total Holdings
$239.98K
Robert A. Iger
CEO of Walt Disney
2024 Compensation
Stock
$3.26M
Salary
$1.00M
Bonus
$7.22M
Other
$495.14K
Total Holdings
$16.45M