Caesars CEO made $5.6 mil. in 2010

By Amanda Finnegan, Las Vegas Sun

Gary Loveman took home about $5.9 million in 2010 in his role as Caesars Entertainment chairman and CEO, slightly less than the compensation package he received in 2009.

According to a Securities and Exchange Commission filing, Loveman’s compensation package included a base salary of $1.9 million, $2.7 million in non-equity compensation and $1.27 million in all other compensation, which mainly included security, use of the company aircraft and lodging.

The Sun calculates total compensation based on an executive’s base salary, bonus, non-equity compensation, change in pension, all other compensation, options exercised and stocks vested. The Sun does not include stock and option awards until the stocks vest or options are exercised.

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