The Las Vegas Convention and Visitors Authority Board of Directors unanimously approved a pay raise and annual bonus for the tourism agency’s top executive Tuesday morning.
LVCVA President and CEO Steve Hill received a 6 percent salary increase, bringing his annual base pay to $566,755.11. The board also approved a $240,603 performance bonus, equal to 45 percent of his salary before the raise.
The compensation package was approved after LVCVA Chief Strategy Officer Ed Finger outlined the agency’s executive compensation methodology, and Hill presented an annual performance update that included both tourism challenges and marketing successes.
Finger said the LVCVA benchmarks executive compensation against destination marketing organizations, local governments and private-sector hospitality employers.
