How Hornbuckle was paid
$25.3M 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.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| William J. HornbuckleChief Executive Officer and President | $2,000,000 | $8,000,000 | $10,052,751 | $5,000,000 | $276,405 | $25,329,156 |
| Jonathan S. HalkyardChief Financial Officer | $1,133,462 | — | $3,141,520 | $1,706,712 | $22,413 | $6,004,107 |
| Corey SandersChief Operating Officer | $1,250,000 | — | $3,769,816 | $2,187,500 | $17,543 | $7,224,859 |
| Gary FritzChief Commercial Officer and President of MGM Digital | $1,300,962 | — | $5,641,034 | $2,165,890 | $9,525 | $9,117,411 |
| John McManusChief Legal and Administrative Officer and Secretary | $900,000 | — | $2,261,926 | $1,125,000 | $25,032 | $4,311,958 |
What changed and why
- $8MWilliam J. Hornbuckle received a special one-time cash signing bonus of $8,000,000 in connection with his May 2025 employment agreement.
- $25.3MCEO total compensation increased to $25,329,156 in 2025 from $15,819,584 in 2024.
- Equity incentives continue to form the most significant part of executive compensation packages.
- 89.3%The 2025 advisory say-on-pay proposal was approved by approximately 89.3% of the votes cast.
- 150%Amounts earned in excess of 150% of target bonus are paid in deferred restricted stock units.
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.