The Reno-Sparks Convention & Visitors Authority (RSCVA) Board of Directors today approved a 10% merit increase and a $100,000 bonus for RSCVA President & CEO Phil DeLone.
The governing body of the RSCVA elected to award the President and CEO with the entirety of his 40% bonus structure after the board decided he achieved his annual goals.
In relation to DeLone’s performance, the board set the following quantitative goals for Fiscal Year 2017-2018:
• Exceed 1,245,000 room nights from target markets: Los Angeles, Seattle, San Francisco Bay Area
• Produce 260,000 future room nights via meetings, conventions, trade show and sporting event sales
• Maintain exemplary ratings for client satisfaction (as reported by clients)
• Achieve Board approval of a facilities management contract
• Establish employee engagement and satisfaction (as reported by employees)
• Maintain 5% margin for the Fiscal Year 2017-2018 budget
During the merit evaluation process, 62.5% of the Board “Strongly Agreed” and 37.5% of the Board “Agreed” that DeLone had, in fact, “built a solid executive management team.”
(RSCVA contributed to this report.)
