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Gaming & Lodging

Red Rock Resorts Executive Compensation (FY25)

RRR · Las Vegas, NV · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 8, 2026
294 figures on this page: 284 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Shareholders recorded 98.4% support for the say-on-pay proposal at the meeting held June 4, 2026 for fiscal 2025, and 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. The company reported 6 named executive officers for fiscal 2025. Disclosures span fiscal 2022 through fiscal 2025.
Latest say-on-pay support
=
June 4, 2026

Frequently asked questions

Answers drawn from the data on this page.
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.

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 and Chief Operating Officer
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
— not reconciled
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. WelchOPTION
Jeffrey T. WelchRSU
Kord NicholsOPTION
Kord NicholsRSU
Lorenzo J. FertittaOPTION
Lorenzo J. FertittaRSU
Scott KreegerOPTION
Scott KreegerRSU
Stephen L. CooteyOPTION
Stephen L. CooteyRSU
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=
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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.
Executive Compensation Report — $1,500
Written compensation analysis
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.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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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.
294 figures on this page: 284 cited to the filing that reported them, 10 calculated from figures it prints.
284 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 · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · Summary Compensation Table · and 1 more section
  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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Gaming & Lodging rankings

Chief executive payGaming & LodgingCEO pay ratioGaming & LodgingSay-on-pay supportGaming & 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.Hyatt Hotels CorporationLas Vegas Sands CorporationMGM Resorts InternationalPenn Entertainment, Inc.Vail Resorts, Inc.Wynn Resorts, Limited

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy