MGM Resorts CFO Halkyard and Fritz sign employment agreements through 2029
MGM Resorts entered employment agreements on September 16, 2025, with CFO and Treasurer Jonathan Halkyard and Chief Commercial Officer and President, MGM Digital, Gary Fritz, both effective October 1, 2025. The agreements set minimum base salaries of $1,250,000 for Halkyard and $1,500,000 for Fritz, with terms ending September 30, 2029 and September 30, 2028, respectively. The filing describes standard-style pay, bonus, equity and severance terms, so the direct effect on shareholders appears limited.
Key points
- Halkyard: term to September 30, 2029; minimum base salary $1,250,000; target bonus 150% of base salary
- Fritz: term to September 30, 2028; minimum base salary $1,500,000; target bonus 175% of base salary
- Targeted annual equity grants: $3,125,000 for Halkyard (2025 to 2028) and $4,500,000 for Fritz (2025 to 2027), subject to Compensation Committee discretion
- Fritz also receives a 25,000 restricted stock unit award on October 1, 2025, vesting after one year
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 19, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.