Las Vegas tourism board president to get raise, bonus
Steve Hill, CEO/president of the Las Vegas Convention and Visitors Authority, speaks during a Welcome to Super Bowl LVIII news conference at Mandalay Bay Monday, Feb. 5, 2024.
Wednesday, July 10, 2024 | 2 a.m.
Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, has received a salary boost and a six-figure bonus, after the LVCVA Board of Directors greenlit increasing Hill’s yearly income to $495,000 and rewarded him with a 40% bonus at their monthly meeting Tuesday, officials said.
The recommendation was initially made in a convening of the organization’s Compensation Committee meeting in June, during which Chair Brian Gullbrants praised Hill’s achievements and those of the LVCVA overall.
“It's really impressive,” Gullbrants said at the committee meeting June 27. “ … There's only one downside to a phenomenal, exceptional year — how the heck do you meet or beat your previous performance? And every team has to rise to that challenge, and I don't doubt under your leadership that you will. So, great job.”
The board on Tuesday also approved a salary increase for Caroline Bateman, general counsel for the LVCVA, for a total of $250,000 and a 20% bonus, officials said.
The new salary ranges come on the heels of a triumphant year for tourism in Las Vegas, likely bolstered by the introduction of new events like the Formula One Las Vegas Grand Prix and Super Bowl 58.
“We had a remarkable year when it came to eyeballs on the destination,” Hill said during a presentation to the LVCVA Compensation Committee last month. “And … events drove a lot of that.”
Hill made a point to recognize the accomplishments of his fellow LVCVA team members as he reflected on Las Vegas’ many successes from the last year, including economic impact, and discussed the organization’s goals going forward.
“Everybody at this table, everybody in the organization, is really doing a great job,” he said during the meeting June 27. “I mean, the organization has performed exceptionally well over the last number of years.”