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Robeson M. Reeves

Chief Executive Officer at Bally's
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

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