Bally's Corporation Sets $400,000 Base Salary and Bonus Plan for New Executive Chair

Reuters
02/03
Bally's Corporation Sets $400,000 Base Salary and Bonus Plan for New Executive Chair

Bally's Corporation has announced a new employment agreement for Soohyung Kim, who has been appointed Executive Chair effective January 27, 2026. Under the agreement, Mr. Kim will receive an annual base salary of $400,000, subject to annual review. He is also eligible for an annual cash bonus with a target opportunity equal to 100% of his base salary. Additionally, Mr. Kim will receive equity grants annually, also valued at 100% of his base salary, as determined by the Compensation Committee. The agreement includes eligibility for company benefit plans and severance benefits under certain conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bally's Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001747079-26-000003), on February 02, 2026, and is solely responsible for the information contained therein.

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