Sheldon Adelson
Las Vegas Sands Chairman takes home us$ 14 million in 2011
2012-05-03
Reading time 30 seg
(Macau).- Sheldon Adelson’s compensation package from Las Vegas Sands reached us$ 13.8 million last year. Adelson, who is the company’s Chairman, Chief Executive and Treasurer, saw his compensation go up by 22 % year on year, according to a Friday proxy filing.
However Adelson is not the best paid executive at Las Vegas Sands, for the second year in a row, Michael A. Leven surpassed him.
Leven, who is Las Vegas Sands president, chief operating officer and secretary, took home us$ 23.5 million, an increase of 92 % over 2010. He further hit the jackpot, as he also gained last year a total of us$ 71.4 million from exercising previously awarded stock options.
The two executives’ compensation packages include salary, stock awards, option awards and incentive compensation, plus other types of compensation.
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