Published On:
Thu, May 14th, 2015
Leon Black will pay Caesars executives $81M in deferred pay
“We will be resuming distribution payouts to participants . . . effective immediately, ."
Leon Black’s Caesars Entertainment will resume paying most of the 340 current and former executives owed $81 million in deferred compensation, it admitted in a letter to the recipients.
This comes after federal investigators started asking questions about what was going on…
By Josh Kosman
Read more about: Business/Finance, Deferred Compensation, Employment compensation, Josh Kosman, Leon Black, Personal finance, USD