MGM Resorts International CEO Jim Murren took a nearly $4 million pay cut in 2010 as the casino operator's loss grew from the year before, according to an Associated Press analysis of a regulatory filing the company made Monday.
The Securities and Exchange Commission filing shows Murren made $9.78 million in 2010, 29 percent less than the $13.75 million he made in 2009, his first full year as the company's chief executive.
Murren's pay package included $2 million in salary, a $750,000 bonus, a $4.3 million performance-based cash bonus and $585,000 in perks. The perks were mostly related to travel, including $374,514 for personal use of a company aircraft, $208,673 for insurance premiums and benefits and $2,087 for local transportation expenses.
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