Churchill Downs CEO William Carstanjen's 2020 pay slips 1% to $10M
Churchill Downs reports 2020 executive compensation
By ExecPay News
Published: March 11, 2021
Churchill Downs reported fiscal year 2020 executive compensation information on March 11, 2021.
In 2020, four executives at Churchill Downs received on average a compensation package of $5.1M, a 1% increase compared to previous year.
Average pay of disclosed executives at Churchill Downs
William C. Carstanjen, Chief Executive Officer, received $10M in total, which decreased by 1% compared to 2019. 67% of Carstanjen's compensation, or $7.1M, was in stock awards. Carstanjen also received $2.1M in non-equity incentive plan, $1.4M in salary, as well as $18K in other compensation.
For fiscal year 2020, the median employee pay was $26,000 at Churchill Downs. Therefore, the ratio of William C. Carstanjen's pay to the median employee pay was 404 to one.
William E. Mudd, Chief Operating Officer, received a compensation package of $5.3M, which increased by 1% compared to previous year. 60% of the compensation package, or $3.2M, was in stock awards.
Marcia A. Dall, Chief Financial Officer, earned $2.6M in 2020, a 1% increase compared to previous year.
Austin W. Miller, Senior Vice President, Gaming Operations, received $2M in 2020, which increases by 9% compared to 2019.
Related executives
You may also like
Source: SEC filing on March 11, 2021.