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LVCVA Approves Raise, Bonus For CEO Ralenkotter

The Las Vegas Convention and Visitors Authority unanimously approved a 6 percent raise and a 50 percent bonus for its president and CEO, Rossi Ralenkotter.

The Las Vegas Review-Journal reports that bumped Ralenkotter’s salary up to about $440,000 a year with a one-time bonus of about $208,000. LVCVA compensation committee chairman Chuck Bowling moved for the pay increase, there were no deliberations before the unanimous vote.

An official with the Nevada Press Association said the lack of discussion might have skirted the state’s open-meeting law.

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In April, the Review-Journal detailed how the convention authority spent millions on high-end entertainment, gifts for employees and first-class trips for board members. On Tuesday, the LVCVA hired an accounting firm to evaluate its spending policies.