Vol. 8 No. 6, June 2009, Nutshell
Sheldon Adelson Pay Drops More Than 50 Percent
Las Vegas Sands CEO Sheldon Adelson was paid $1.28 million last year, which is a more than a 50 percent drop from his 2007 compensation. That year, he earned $3.1 million. Though Adelson’s salary has remained stagnant at $1 million, his cash bonus was eliminated last year. In 2007, he received a bonus of $1.9 million. Adelson has not received stock or options in the past two years. In fact, he and his family have invested over $1 billion in the company in the last year. He owns 30.1 percent of the company, whose stock fell 94 percent since 2007.
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