Red Rock Resorts (RRR) Announces COO Resignation
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On February 20, 2024, Red Rock Resorts (NASDAQ: RRR) and Station Casinos LLC (together, the “Company’”) announced that Robert A. Finch resigned his role as Chief Operating Officer of the Company effective February 20, 2024. Mr. Finch will continue to be employed by the Company in a non-officer position and will provide transition and other services through July 31, 2024 and, in consideration for providing such services and a release of claims, will continue to receive payment of his annual base salary of $650,000 through July 31, 2024, as well as a prorated bonus for the period of January 1, 2024 through July 31, 2024. In addition, Mr. Finch’s existing equity awards will continue to be governed in accordance with their existing terms. There were no disagreements between Mr. Finch and the Company.
(b) In connection with Mr. Finch’s departure, the Company announced that Kord Nichols, age 42, was appointed by the Board of Directors to the role of Executive Vice President and Chief Operating Officer, effective February 20, 2024. Mr. Nichols originally joined the Company in 2008 and has served the Company continuously in a variety of increasingly senior operating and leadership roles, most recently serving as Senior Vice President of Operations and before that serving as the General Manager of Graton Resort and Casino. Mr. Nichols does not have any family relationships with any of the Company’s directors or executive officers and is not a party to any transactions listed in Item 404(a) of Regulation S-K.
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