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

Reuters
Feb 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.

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