Not independent
Tenure on this board
33.5 yrs
Meeting calendar
MCRI · Annual meeting · Wednesday, May 27, 2026
Monarch Casino & Resort Inc
4 nominees · 2 ballot items.
Elect four directors (three for two-year terms, one for a one-year term) and approve, on a non-binding advisory basis, the executive compensation of the named executive officers.
Market cap
$2.2B
1Y TSR
+34.2%
Board grade
A-
Record date
Mar 30, 2026
Filing
DEF 14A
Meeting concluded · May 27, 2026
Follow how the vote landed and what changed on Monarch Casino & Resort Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot2
- 1
Election of Directors
ManagementBoard: FORElect John Farahi, Craig F. Sullivan and Paul Andrews as Class A directors to serve until the 2028 Annual Meeting, and Hope S. Taitz as a Class B director to serve until the 2027 Annual Meeting.
- 2
Advisory Vote on Executive Compensation
ManagementBoard: FORNon-binding, advisory approval ("say-on-pay") of the compensation paid to the Company’s named executive officers as disclosed in the proxy statement.
More detail
The proposal asks shareholders to cast a non-binding advisory vote to approve the disclosed compensation of the named executive officers. Management is seeking this advisory approval to comply with the Dodd-Frank Act requirement for a 'say-on-pay' vote and to obtain shareholder feedback on compensation policies used to attract, motivate and retain executives. The board adopted an annual say-on-pay frequency following a 2023 shareholder recommendation to hold the vote each year. The proxy discloses the components of executive compensation — base salary, annual cash bonuses tied to Adjusted EBITDA targets with qualitative components, stock option grants with multi-year vesting intended to align interests with long-term shareholder value, and occasional one-time awards for extraordinary performance — as well as clawback policies and change-in-control vesting. The Board unanimously recommends a vote FOR the proposal, arguing that the pay program appropriately balances fixed and variable pay, aligns management incentives with stockholder interests through long-term equity and adjusted EBITDA performance metrics, and includes governance safeguards like clawbacks and no option repricing without shareholder approval. Opposing views are not presented in the filing since this is a management proposal; however, areas for shareholder scrutiny would include CEO dual role as co-chairman and CEO, potential related-party transactions, and reliance on stock options that may have concentrated ownership. The advisory vote is non-binding; the Compensation Committee has committed to consider voting results in future compensation decisions.
Director elections
Nominees on the ballot4
Independent
Tenure on this board
28.5 yrs
Independent
Tenure on this board
12.2 yrs
Independent
Tenure on this board
0.5 yrs
Also a director at
Summit Hotel Properties Inc (INN)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.3% | 1,287,827 | $123M |
| 2 | DAVENPORT Co LLC | 4.7% | 841,132 | $80M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 3.1% | 551,843 | $53M |
| 4 | AMERICAN CENTURY COMPANIES INC | 2.9% | 510,437 | $49M |
| 5 | STATE STREET CORP | 2.7% | 484,852 | $46M |
| 6 | JPMORGAN CHASE CO | 2.4% | 418,199 | $39M |
| 7 | BlackRock, Inc. | 2.2% | 385,081 | $37M |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.1% | 378,326 | $36M |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 2.1% | 365,204 | $35M |
| 10 | FULLER THALER ASSET MANAGEMENT, INC. | 1.7% | 294,010 | $28M |
Peers
Nearest market capOther Consumer Cyclical sector meetings6
Upcoming shareholder meetings at Monarch Casino & Resort Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Capri Holdings LtdCPRI
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Driven Brands Holdings IncDRVN
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La-z-boy IncLZB
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Under Armour IncUAA
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Xmax IncXMAX
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Reference
Frequently asked questions
- When is the Monarch Casino & Resort Inc 2026 annual meeting?
- Monarch Casino & Resort Inc (MCRI) holds its 2026 annual shareholder meeting on Wednesday, May 27, 2026.
- What is the record date for the Monarch Casino & Resort Inc 2026 meeting?
- The record date for the Monarch Casino & Resort Inc 2026 meeting is Monday, March 30, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Monarch Casino & Resort Inc's 2026 meeting?
- The board is presenting 4 director nominees at the Monarch Casino & Resort Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Monarch Casino & Resort Inc 2026 meeting?
- Shareholders will vote on 2 proposals at the Monarch Casino & Resort Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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