Bonnie S. Biumi
Caesars EntertainmentAbout Bonnie S. Biumi
Bonnie S. Biumi (age 63) is an independent director of Caesars Entertainment, Inc. (CZR), serving since July 2020 (and previously on Eldorado Resorts’ board since May 2017). She sits on CZR’s Audit Committee and Nominating & Corporate Governance Committee, is designated an “audit committee financial expert,” and is a Certified Public Accountant with deep finance and risk management experience .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Kerzner International Resorts | President & Chief Financial Officer | 2007–2012 | Led finance and operations at a global resorts/casino operator |
| Isle of Capri Casinos, Inc. | Director | 2012–2017 | Public company board experience |
| Home Properties, Inc. | Director | 2013–2015 | Public company board experience |
| Retail Properties of America, Inc. | Director | 2015–2021 | Public company board experience |
External Roles
| Organization | Role | Tenure | Committees |
|---|---|---|---|
| Marine Max (NYSE:HZO) | Director; Audit Committee Chair; Nominating & Corporate Governance member | Current | Audit (Chair); NCG member |
| Kite Realty Group Trust (NYSE:KRG) | Director | Current | Audit Committee member |
| Virgin Cruise Limited | Director | Current | Audit Committee Chair |
| Virgin Cruises Intermediate Limited | Director | Current | Audit Committee Chair |
Board Governance
- Independence: The Board affirmatively determined Ms. Biumi is independent under NASDAQ standards .
- Committee assignments: Audit Committee member; Nominating & Corporate Governance Committee member .
- Audit Committee expertise: Designated “audit committee financial expert” .
- Attendance: Each incumbent director attended 100% of Board and committee meetings in 2024; Audit Committee met 4 times and Nominating & Corporate Governance met 5 times in 2024 .
Fixed Compensation
| Component (2024) | Amount ($) |
|---|---|
| Fees Earned or Paid in Cash | 122,500 |
| Stock Awards (grant-date fair value) | 243,316 |
| All Other Compensation | — |
| Total | 365,816 |
Director compensation program (structure):
- Annual cash retainer: $100,000
- Committee membership fees: Audit $20,000; Compensation $15,000; Corporate Social Responsibility $15,000; Nominating & Corporate Governance $10,000
- Committee chair fees: Audit $40,000; Compensation $30,000; Corporate Social Responsibility $30,000; Nominating & Corporate Governance $20,000
- Annual equity grant (RSUs, vest immediately): $250,000 (number of RSUs set off 20-day average price)
Performance Compensation
Directors receive fully-vested RSUs on grant and do not have performance-based metrics tied to director equity; therefore, no performance incentive grid applies to director compensation .
Other Directorships & Interlocks
| Company | Overlap/Interlock | Potential Conflict Notes |
|---|---|---|
| Marine Max (HZO) | External public board | No related-party transactions disclosed involving Ms. Biumi at CZR |
| Kite Realty Group Trust (KRG) | External public board | No related-party transactions disclosed involving Ms. Biumi at CZR |
| Virgin Cruise entities | External private boards | No related-party transactions disclosed involving Ms. Biumi at CZR |
Expertise & Qualifications
- CPA; extensive corporate finance, accounting, investor relations, capital planning, M&A and risk management experience .
- Audit committee financial expert designation at CZR .
- Public company governance experience across multiple boards .
Equity Ownership
| Measure | Value |
|---|---|
| Shares beneficially owned | 36,392 (less than 1% of class) |
| Deferred RSUs acquirable within 60 days | 4,612 |
| Director stock ownership guideline | 5× annual cash retainer (non-employee directors) |
| Guideline compliance status (as of 12/31/2024) | Each non-employee director met the guideline |
| Anti-hedging policy | Company prohibits hedging of Company securities |
Governance Assessment
- Board effectiveness: Ms. Biumi’s audit expertise and CPA credential, plus “audit committee financial expert” designation, support strong oversight of financial reporting and internal controls; 100% meeting attendance indicates high engagement .
- Independence & conflicts: Board confirmed independence; CZR’s related-party transactions section does not list any transactions involving Ms. Biumi, reducing conflict risk .
- Compensation & alignment: Balanced director pay structure with cash retainer, committee fees, and immediate-vesting RSUs; non-employee director ownership guideline at 5× retainer, with compliance achieved by all directors at year-end 2024, supports alignment with shareholders .
- Signals: No pledging footnotes for Ms. Biumi; hedging prohibited by policy, further supporting alignment .
RED FLAGS: None disclosed for Ms. Biumi—no related-party transactions, no pledging disclosed, and full attendance reported .