MGM Resorts International

NYSE:MGM Stock Report

Market Cap: US$13.0b

MGM Resorts International Management

Management criteria checks 4/4

MGM Resorts International's CEO is Bill Hornbuckle, appointed in Dec 2012, has a tenure of 11.33 years. total yearly compensation is $17.00M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $20.17M. The average tenure of the management team and the board of directors is 3.4 years and 5.7 years respectively.

Key information

Bill Hornbuckle

Chief executive officer

US$17.0m

Total compensation

CEO salary percentage11.8%
CEO tenure11.3yrs
CEO ownership0.2%
Management average tenure3.4yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares

Mar 22
MGM Resorts International's (NYSE:MGM) Prospects Need A Boost To Lift Shares

MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price

Feb 15
MGM Resorts International's (NYSE:MGM) Intrinsic Value Is Potentially 44% Above Its Share Price

MGM Resorts: Super Bowl And Chinese New Year Together Pose Unprecedented Upside Catalyst For Q1

Jan 11

We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

Jan 01
We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

MGM Resorts: Shares Look Attractive Amid Recovery In Macau

Dec 07

MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector

Nov 03

MGM Resorts: A High-Risk High-Reward Opportunity

Oct 13

MGM Resorts: Impact Of Ransomware Attack

Sep 25

MGM Resorts: Pent-Up Demand Likely To Translate Into Higher Profits

Sep 01

MGM Resorts: Trading At Attractive Multiples, Potential For +40% Price Appreciation

Aug 18

MGM Resorts: BetMGM First Half Result Adds To Rationale To Buy It Now

Jul 28

MGM Resorts International: Value, Growth, Deleveraging, And Buybacks

Jul 13

Is MGM Resorts International (NYSE:MGM) Using Too Much Debt?

Jul 06
Is MGM Resorts International (NYSE:MGM) Using Too Much Debt?

MGM: A Dip Signals A Buy As Value Scenario Grows With Sector Recovery

Jun 08

Is MGM Resorts International (NYSE:MGM) Weighed On By Its Debt Load?

Apr 03
Is MGM Resorts International (NYSE:MGM) Weighed On By Its Debt Load?

MGM Resorts: Smart Corporate Strategy Is The Engine For Much Higher Valuation

Feb 08

Do MGM Resorts International's (NYSE:MGM) Earnings Warrant Your Attention?

Jan 16
Do MGM Resorts International's (NYSE:MGM) Earnings Warrant Your Attention?

MGM Resorts added as a new long idea at Hedgeye

Jan 12

Is MGM Resorts International (NYSE:MGM) Using Debt Sensibly?

Dec 29
Is MGM Resorts International (NYSE:MGM) Using Debt Sensibly?

MGM Resorts: Raise Your Bet For 2023

Dec 25

MGM Sees Vegas Recovery, Regional Resilience And BetMGM Growth

Nov 03

MGM Resorts Is The Best Bet Among Casino Stocks Right Now

Oct 18

MGM Resorts and ExteNet Systems enter national connectivity partnership

Sep 28

MGM Resorts goes ex-dividend tomorrow

Sep 07

BetMGM and SportsGrid expand multi-year betting content deal

Aug 23

MGM Resorts: Hiding In Plain Sight, A Global Giant In The Making

Aug 08

Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?

Aug 04
Does MGM Resorts International (NYSE:MGM) Have A Healthy Balance Sheet?

MGM Resorts, Bet MGM renew and expand agreement with MLB

Jul 14

MGM: The Bear Dip In Progress Has Put MGM In Bargain Range At $27

Jun 16

MGM Resorts: IAC's Barry Diller Licensed In Nevada In Clear Swerve To Bigger Online Deals Ahead

May 25

We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

Apr 21
We Think MGM Resorts International (NYSE:MGM) Is Taking Some Risk With Its Debt

CEO Compensation Analysis

How has Bill Hornbuckle's remuneration changed compared to MGM Resorts International's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$17mUS$2m

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$366m

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$16mUS$2m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$13mUS$2m

US$1b

Sep 30 2021n/an/a

US$615m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$2b

Dec 31 2020US$14mUS$1m

-US$997m

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$3b

Dec 31 2019US$6mUS$1m

US$2b

Sep 30 2019n/an/a

US$2m

Jun 30 2019n/an/a

US$181m

Mar 31 2019n/an/a

US$254m

Dec 31 2018US$6mUS$1m

US$445m

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$7mUS$1m

US$2b

Compensation vs Market: Bill's total compensation ($USD17.00M) is about average for companies of similar size in the US market ($USD13.52M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


CEO

Bill Hornbuckle (65 yo)

11.3yrs

Tenure

US$17,003,794

Compensation

Mr. William Joseph Hornbuckle, IV, also known as Bill, serves as an Executive Co-Chairperson of MGM China Holdings Limited since May 25, 2023. He had been Executive Chairperson of MGM China Holdings Limite...


Leadership Team

NamePositionTenureCompensationOwnership
William Hornbuckle
President11.3yrsUS$17.00m0.15%
$ 20.2m
Jonathan Halkyard
CFO & Treasurer3.3yrsUS$5.84m0.0089%
$ 1.2m
Corey Sanders
Chief Operating Officer3.3yrsUS$7.63m0.086%
$ 11.2m
John McManus
Chief Legal & Administrative Officer and Secretary15.8yrsUS$4.52m0.021%
$ 2.8m
Gary Fritz
President of MGM Resorts International Interactive1.5yrsUS$6.40m0.0097%
$ 1.3m
Todd Meinert
Senior VP & Chief Accounting Officer3.4yrsno data0.0057%
$ 749.0k
Andrew Chapman
Director of Investor Relationsno datano datano data
Jeff Mochal
Senior Vice President of Corporate Communications3.1yrsno datano data
Jyoti Chopra
Senior VP and Chief Peopleno datano datano data
Jennifer Michaels
Senior Vice President of Public Relationsno datano datano data
Steven Zanella
President of MGM Resorts Operationsno datano datano data
Ayesha Molino
Senior Vice President of Public Affairs7.3yrsno datano data

3.4yrs

Average Tenure

55yo

Average Age

Experienced Management: MGM's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Hornbuckle
President3.8yrsUS$17.00m0.15%
$ 20.2m
Paul Salem
Independent Chairman5.7yrsUS$587.36k0.49%
$ 63.9m
Barry Diller
Independent Director3.7yrsUS$17.36kno data
Rose McKinney-James
Independent Director19.3yrsUS$367.36k0.00028%
$ 36.5k
Alexis Herman
Independent Director22.3yrsUS$377.36k0.0047%
$ 608.3k
Keith Meister
Independent Director5.3yrsUS$352.36kno data
Janet Swartz
Independent Director6.1yrsUS$337.36k0.016%
$ 2.1m
Daniel Taylor
Independent Director17.1yrsUS$497.36k0%
$ 0
Mary Jammet
Independent Director10.2yrsUS$357.36k0.0017%
$ 216.2k
Joseph Levin
Independent Director3.7yrsUS$17.36kno data
Benjamin Winston
Independent Director1.1yrsUS$321.08k0.00031%
$ 40.4k

5.7yrs

Average Tenure

59yo

Average Age

Experienced Board: MGM's board of directors are considered experienced (5.7 years average tenure).


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