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The charts on this page feature a breakdown of the total annual pay for the top executives at Churchill Downs Inc as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Churchill Downs Inc income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Churchill Downs Inc annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
William C. Carstanjen
Chief Executive Officer
Total Cash $5,138,902 Equity $7,051,043 Other $21,689 Total Compensation $12,211,634
William E. Mudd
President and Chief Operating Officer
Total Cash $3,009,020 Equity $3,111,080 Other $20,175 Total Compensation $6,140,275
Marcia A. Dall
Executive Vice President and Chief Financial Officer
Total Cash $2,080,034 Equity $2,281,448 Other $22,945 Total Compensation $4,384,427
Bradley K. Blackwell
Executive Vice President and General Counsel
Total Cash $1,536,004 Equity $1,140,724 Other $18,746 Total Compensation $2,695,474
Maureen Adams
Executive Vice President, Gaming Operations
Total Cash $1,301,460 Equity $1,140,724 Other $21,317 Total Compensation $2,463,501
For its 2023 fiscal year, Churchill Downs Inc, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
William C. Carstanjen CEO Pay $12,211,634 Median Employee Pay $25,896 CEO Pay Ratio 472:1
For its 2022 fiscal year, Churchill Downs Inc, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Andréa Carter Total Cash $3,465
Daniel P. Harrington Total Cash $306,000
Douglas C. Grissom Total Cash $284,500
Karole F. Lloyd Total Cash $305,000
Paul C. Varga Total Cash $291,500
R. Alex Rankin Total Cash $398,000
Robert L. Fealy Total Cash $294,500
Ulysses L. Bridgeman, Jr. Total Cash $283,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.