Las Vegas Convention and Visitor Authority President and CEO Steve Hill will receive a 7.5 percent pay increase and a 40 percent bonus, the authority’s board unanimously decided Tuesday morning.
Other top leaders of the LVCVA also received significant compensation increases — and praise — from the authority’s board.
The full board’s vote came a couple weeks after a six-member Compensation Committee recommended Hill receive a $33,570 annual raise, bringing total salary to $481,179, and a bonus of $179,043. It leaves him about 4 percent below the average pay rate given to top leaders of destination marketing organizations around the country, according to the Compensation Committee.
“I often say I have the best job you can have and I also say it’s the easiest product to sell,” Hill said to the board on Tuesday.