Rossi Ralenkotter, president and CEO of the Las Vegas Convention and Visitors Authority, will receive an 8 percent raise and a 50 percent bonus as part of his compensation package, the LVCVA has announced.
Last Tuesday, members of the board’s compensation committee approved the bump in pay, which will give Ralenkotter a base salary of almost $320,000 a year with a bonus of almost $148,000 for total annual compensation of $467,655. It’s the largest compensation increase the board has ever approved, reported the Las Vegas Sun.
Ralenkotter’s salary is now higher than the base salary of Nevada Governor Brian Sandoval, who earns $149,152; Clark County School Superintendent Pat Skorkowski, who takes home $216,504; and the top two head coaches at the University of Nevada, according to the Transparent Nevada website that tracks the salaries of public officials, the Sun reported.
There was no debate or discussion about the pay raise, which was based on the salaries of seven CEO of convention authorities in Atlanta, Chicago, Los Angeles, San Diego, Dallas, San Francisco and Orlando, Florida.
