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Gaming & Lodging

Red Rock Resorts Executive Compensation (FY25)

RRR · Las Vegas, NV · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Frank Fertitta
Median of the other named officers
$5,038,115
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 4, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 20, 2026Latest filing (8-K): June 8, 2026
13 filings cited on this page
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298 figures on this page: 288 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Frank Fertitta: $3,330,623 → $13,349,153
CEO pay ratio: 78:1 → 283:1 (262.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Red Rock Resorts' chief executive and what were they paid?
Total compensation for Frank Fertitta, Chairman of the Board and Chief Executive Officer, came to $13,349,153 in fiscal 2025. Fertitta's total was up from the $3,330,623 reported for fiscal 2024.
What was Red Rock Resorts' say-on-pay result?
Shareholders recorded 98.4% support for the say-on-pay proposal at the meeting held June 4, 2026 for fiscal 2025.
Which companies are in Red Rock Resorts' peer group?
Companies named in the disclosed peer group include Boyd Gaming Corporation, Brightstar Lottery PLC, Caesars Entertainment, Inc., Choice Hotels International, Inc. and Churchill Downs Incorporated, among others.
What is Red Rock Resorts' chief executive pay ratio?
The company reported a chief executive pay ratio of 283:1 for fiscal 2025, against median employee compensation of $47,206.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott Kreeger
President
◇◇◇◇——◇◇
Stephen Cootey
Executive Vice President, Chief Financial Officer and Treasurer
◇◇◇◇——◇◇
Jeffrey Welch
Executive Vice President and Chief Legal Officer
◇◇◇◇——◇◇
Robert A. Finch
Executive Vice President and Chief Operating Officer
◇◇◇◇——◇◇
Frank Fertitta
Chairman of the Board and Chief Executive Officer
◇◇————◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott Kreeger
President
◇◇◇◇——◇◇
Stephen Cootey
Executive Vice President, Chief Financial Officer and Treasurer
◇◇◇◇——◇◇
Jeffrey Welch
Executive Vice President and Chief Legal Officer
◇◇◇◇——◇◇
Frank Fertitta
Chairman of the Board and Chief Executive Officer
◇◇————◇◇
Robert Finch
Former Executive Vice President and Chief Operating Officer
Departed during or after this year
◇◇◇◇——◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Scott Kreeger
President
◇◇◇◇——◇◇
Robert Finch
Former Executive Vice President
Departed during or after this year
◇◇◇◇——◇◇
Stephen Cootey
Executive Vice President, Chief Financial Officer and Treasurer
◇◇◇◇——◇◇
Jeffrey Welch
Executive Vice President and Chief Legal Officer
◇◇◇◇——◇◇
Kord Nichols
Executive Vice President and Chief Operating Officer
◇◇◇◇——◇◇
Frank Fertitta
Chairman of the Board and Chief Executive Officer
◇◇————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Frank Fertitta
Chairman of the Board and Chief Executive Officer
◇◇◇◇——◇◇
Lorenzo Fertitta
Vice Chairman of the Board and Vice President
◇◇◇◇——◇◇
Scott Kreeger
President
◇◇◇◇——◇◇
Stephen Cootey
Executive Vice President, Chief Financial Officer and Treasurer
◇◇◇◇——◇◇
Jeffrey Welch
Executive Vice President and Chief Legal Officer
◇◇◇◇——◇◇
Kord Nichols
Executive Vice President and Chief Operating Officer
◇◇◇◇——◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Frank J. Fertitta IIIRSU◇——◇——◇
Frank J. Fertitta IIIOPTION◇——◇—◇◇
Jeffrey T. WelchRSU◇——◇——◇
Jeffrey T. WelchOPTION◇——◇—◇◇
Kord NicholsRSU◇——◇——◇
Kord NicholsOPTION◇——◇—◇◇
Lorenzo J. FertittaOPTION◇——◇—◇◇
Lorenzo J. FertittaRSU◇——◇——◇
Scott KreegerRSU◇——◇——◇
Scott KreegerOPTION◇——◇—◇◇
Stephen L. CooteyRSU◇——◇——◇
Stephen L. CooteyOPTION◇——◇—◇◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Stephen CooteyRSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Kord NicholsRSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
Scott KreegerRSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
RSU◇◇——
Option◇—◇—
RSU◇◇——
Frank FertittaRSU◇◇——
Option◇—◇—
Jeffrey WelchRSU◇◇——
Option◇—◇—
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Option◇—◇—
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James E. Nave
Lead independent director
◇◇————◇
Robert A. Cashell, Jr
◇◇————◇
Robert E. Lewis
◇◇————◇
Frank J. Fertitta III and Lorenzo J. Fertitta served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.
Stock ownership guideline: 5x annual retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Boyd Gaming Corporation BYD
  • Brightstar Lottery PLC BRSL
  • Caesars Entertainment, Inc. CZR
  • Choice Hotels International, Inc. CHH
  • Churchill Downs Incorporated CHDN
  • Hyatt Hotels Corporation H
  • Las Vegas Sands Corporation LVS
  • Light & Wonder, Inc. LAWIL
  • Marriott Vacations Worldwide Corporation VAC
  • MGM Resorts International MGM
  • Penn Entertainment, Inc. PENN
  • Vail Resorts, Inc. MTN
  • Wynn Resorts, Limited WYNN

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 4, 2026=◇◇◇
2024June 5, 2025=◇◇◇
2023May 30, 2024=◇◇◇
2022June 8, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 3, 2021=◇◇◇
2019June 11, 2020=◇◇◇
2018June 13, 2019=◇◇◇
2017June 14, 2018=◇◇◇
2016July 6, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Frank Fertitta (Chairman of the Board and Chief Executive Officer), FY2025 total compensation $13,349,153 (base salary $1,000,000) [exec_comp, SEC accession 0001193125-26-173964, filed 2026-04-23]

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What this page does not include

Everything above is a fact Red Rock Resorts disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Red Rock Resorts sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
298 figures on this page: 288 cited to the filing that reported them, 10 calculated from figures it prints.
288 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-261663
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-173964
    2025 Director Compensation · CEO Pay Ratio · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 2 more sections
  3. 0001193125-25-138012
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-24-154225
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001193125-24-100754
    Summary Compensation Table
  6. 0001193125-23-166425
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001193125-25-091346
    Summary Compensation Table
  8. 0001193125-22-172978
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001564590-21-031937
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001564590-20-029662
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-19-174840
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-18-194821
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-17-224664
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Red Rock Resorts executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/RRR (accessed 2026).
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13 filings cited on this page
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Gaming & Lodging rankings

Chief executive pay — Gaming & LodgingCEO pay ratio — Gaming & LodgingSay-on-pay support — Gaming & Lodging

Peers Red Rock Resorts discloses

The companies named in RRR's own disclosed peer group.

Boyd Gaming CorporationCaesars Entertainment, Inc.Choice Hotels International, Inc.Churchill Downs IncorporatedHyatt Hotels CorporationLas Vegas Sands CorporationLight & Wonder, Inc.Marriott Vacations Worldwide CorporationMGM Resorts InternationalPenn Entertainment, Inc.Vail Resorts, Inc.Wynn Resorts, Limited

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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