Monarch Casino & Resort (MCRI) executive compensation, 2026 proxy

John Farahi, Co-Chairman of the Board, Secretary and Chief Executive Officer, was paid $3.6M in 2025, down 1% from $3.7M the year before. The CEO-to-median-employee pay ratio was 62:1, on median employee pay of $56,625.

Filed
April 13, 2026
Annual meeting
May 27, 2026
Pay year
2025
Named executives
3
CEO total pay
$3.6M-1% vs prior year
CEO to median employee
62:1median $56,625
CEO Option Grant
66,666Granted December 31, 2025
Median Employee Pay
$56,625Based on 2025 total compensation
CEO Pay Ratio
62:1Compared to median employee

How Farahi was paid

$3.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary21%Bonus6%Option awards73%All other compensation0%

Named executive officers

ExecutiveTotal
John FarahiCo-Chairman of the Board, Secretary and Chief Executive Officer$3,610,936
Bob FarahiCo-Chairman of the Board and President$1,621,155
Edwin S. KoenigChief Accounting Officer and Corporate Treasurer$497,152

What changed and why

  • $3.6MCEO total compensation decreased slightly to $3,610,936 in 2025 compared to $3,660,588 in 2024.
  • $225KJohn Farahi received an annual cash bonus of $225,000 for fiscal 2025 performance.
  • $95.70Option awards for the CEO were granted with an exercise price of $95.70.
  • The ratio of total annual compensation of the CEO to the median employee was 62 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.