compensation
CEO Compensation in the Shrinking Casino Industry
Keith Kefgen | November 6, 2019
(November 6, 2019) - As the list of public gaming CEOs continues to shrink due to consolidation and the growing competition of technology-based options, "gaming" in its broadest sense will force any entertainment organization to consider a multi-segment strategy (think the NFL, FanDuel, DraftKings, and Jay-Z). The casino industry will be no different, as younger adults focus on their mobile device and skills-based gambling. Thus, the annual AETHOS list of public gaming CEOs has dropped to its lowest level since 2002, when AETHOS started to track their pay. Today, only 12 CEOs run traditional casino operations. Now in its 13th year of stud...
3 Ways To Create An Innovative Culture In Hospitality
Cristian Grossmann | May 18, 2017
By Cristian Grossmann, Founder & CEO Beekeeper When Barry Sternlicht founded Starwood Hotels in the 1990's, no one could have predicted its future status as a premier worldwide hotel brand. Last year, Starwood was acquired by Marriott for $13 billion, and its innovative culture was largely to thank. Starwood was successful because the team took risks, embraced collaboration, and dared to stand out. Its unique culture was most apparent in its W Hotel brand. "Starwood's legacy is really heavily shaped by W. It took a real disruptive, startup mentality. It used to be a separate business from the rest of the company, so it ...