LAS VEGAS (AP) - An Associated Press analysis shows billionaire Sheldon Adelson received $5.58 million in 2009 as the chairman and chief executive of casino-resort developer and operator Las Vegas Sands Corp.
Adelson's pay package detailed Friday in a Securities and Exchange Commission filing from the the company. It includes a $1 million salary and $2.73 million in perks - including $2.45 million for security for Adelson and his family.
Adelson got $1.28 million in 2008, but that did not include roughly $2.1 million for similar security.
The AP calculation aims to isolate the value company boards place on CEOs' total compensation package. It includes salary, bonus, incentives, perks and the estimated value of stock options and awards.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
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