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    Robeson M. Reeves

    Chief Executive Officer at Bally's Corp
    Since March 31, 2023
    Age
    41 years
    Education
    Graduated in 2005 with a Bachelor of Science in Statistics, Operations Research, and Management Studies from University College, London.
    Tenure
    Became Chief Executive Officer on March 31, 2023, after previously serving as President of Bally's Interactive Division beginning October 1, 2021.

    Also at Bally's Corp

    GTP
    George T. Papanier
    President of Bally's Corporation
    CLE
    Craig L. Eaton
    President, Rhode Island Operations and Corporate Secretary
    KMB
    Kim M. Barker
    Executive Vice President and Chief Legal Officer

    About

    Robeson M. Reeves is the Chief Executive Officer of Bally's Corporation, currently aged 41, with a solid background in the gaming and entertainment industries.

    He joined Bally's on March 31, 2023, when he was named CEO, following his role as President of Bally's Interactive Division that began on October 1, 2021. His appointment marked a significant leadership transition for the company.

    Prior to his tenure at Bally's, Reeves built extensive experience at Gamesys, where he served in roles including Chief Operating Officer, Director of Gaming Operations, and Board Member. His educational foundation was established with a Bachelor of Science degree earned in 2005 from University College, London, which laid the groundwork for his successful professional journey.

    $BALY Performance Under Robeson M. Reeves

    Past Roles

    OrganizationRoleDate RangeDetails
    Bally's Corporation President of Bally's Interactive Division October 1, 2021 - Pre-CEO Transition Held before becoming CEO
    Gamesys Chief Operating Officer July 2015 - Acquisition Held until Bally's acquired Gamesys
    Gamesys Member of the Board of Directors August 2010 - End of Tenure Board role held during his tenure at Gamesys
    Gamesys Director of Gaming Operations May 2010 - Promotion Served prior to his COO appointment
    Gamesys Various Roles September 2005 - May 2010 Held multiple positions before promotion to Director

    Fixed Compensation

    Data from  FY 2024
    Component NameAmount (USD)Payment ScheduleAdditional Details
    Base Salary$1,100,913 Monthly (converted from USD to GBP based on exchange rate)Base salary rate of $1,100,000 with no annual increases; paid as per employment agreement
    Bonus$935,000 Annual payout; 50% paid as fully vested shares on March 21, 2025Discretionary annual incentive awarded by the Compensation Committee for 2024 performance
    Stock Awards$201,776 Granted on February 5, 2024Grant date fair value of RSU and PSU awards; includes a target of 18,840 PSUs for 2024
    All Other Compensation$53,070 Concurrent paymentIncludes pay in lieu of benefits, defined contribution plan, long-term disability, and group term life insurance premiums, converted using an average rate of 1.278

    Performance Compensation

    Data from  FY 2024

    Annual PFP Cash Incentives

    MetricDetail
    Performance MetricAdjusted EBITDA
    Performance Goal (Target)$588 million
    Payout Target$1,100,000 (100% of base salary)
    Payout Maximum$1,100,000
    Payout ThresholdNot specified
    Evaluation Period2024 performance year
    Vesting Schedule/ConditionsNot applicable to cash incentive
    Grant Date (for related awards)February 5, 2024 (for PSU grants related to performance measures)
    Additional DetailsPayout subject to adjustments by the Compensation Committee based on individual performance and business factors