- VICI ranked #2 overall among America’s 669 largest corporations -
- Ranked #1 among Financials Industry companies -
VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today announced its Board of Directors has been ranked second among America’s 669 largest corporations by revenue and market capitalization for overall governance capacity in an independent study of America’s largest companies conducted by global board advisory firm James Drury Partners. VICI’s Board of Directors also ranked first amongst companies included in the Financials Industry Sector.
The seventh edition of James Drury Partners’ governance report, “The Weight of America’s Boards – Ranking America’s Largest Corporations by the Governance Capacity of Their Boards,” measures combined business acumen and experience of board members across America’s 500 largest companies by revenue, and 500 most valuable corporations by market capitalization, comprising a total of 669 U.S.-based boards and 6,358 directors.
As disclosed in the report, “Our methodology measures a board’s ‘capacity to govern well,’ based upon the ‘weight’ of the combined business acumen present in the boardroom…Accordingly, boards that are gifted to have a consortium of highly respected and accomplished directors – in terms of business acumen– can be differentiated from those that do not.”
“We’re extremely proud to see our Board of Directors recognized for their outstanding corporate governance capacity amongst America’s largest corporations,” said James Abrahamson, Chair of the Board of Directors of VICI Properties. “We believe the diversity and experience of our Board significantly benefits shareholders as we strive to create long-term, sustainable shareholder value.”
The Top 10 Corporations with Highest Average Director Governance Capacity among the 669 Largest Corporations in America are as follows:
|
Highest Average Director Weight
|
|
|
ADW
Rank
|
|
Company
|
|
ADW
|
# of
Directors*
|
|
Industry
|
|
Revenue
Rank
|
|
Revenue
($B)
|
|
Market Cap
Rank
|
|
Market Cap
($B)
|
|
|
1
|
|
Procter & Gamble
|
|
8.91
|
11
|
|
Consumer Goods
|
|
43
|
|
$67.1
|
|
12
|
|
$289.7
|
|
|
2
|
|
VICI Properties
|
|
8.83
|
6
|
|
Financials
|
|
647
|
|
0.9
|
|
483
|
|
10.1
|
|
|
3
|
|
Vulcan Materials
|
|
8.78
|
9
|
|
Basic Materials
|
|
516
|
|
4.5
|
|
309
|
|
17.8
|
|
|
4
|
|
ExxonMobil
|
|
8.67
|
9
|
|
Oil & Gas
|
|
2
|
|
275.5
|
|
11
|
|
326.1
|
|
|
5
|
|
Anadarko Petroleum
|
|
8.64
|
11
|
|
Oil & Gas
|
|
229
|
|
13.0
|
|
172
|
|
36.7
|
|
|
6
|
|
Cabot Oil & Gas
|
|
8.63
|
8
|
|
Oil & Gas
|
|
602
|
|
2.3
|
|
502
|
|
9.5
|
|
|
7
|
|
Kohl’s
|
|
8.60
|
7
|
|
Consumer Services
|
|
146
|
|
20.1
|
|
528
|
|
8.0
|
|
|
8
|
|
Chemours
|
|
8.50
|
8
|
|
Basic Materials
|
|
431
|
|
6.3
|
|
606
|
|
3.2
|
|
|
9
|
|
KLA
|
|
8.40
|
10
|
|
Industrials
|
|
521
|
|
4.4
|
|
281
|
|
20.3
|
|
|
10
|
|
Walgreens Boots
|
|
8.20
|
10
|
|
Consumer Services
|
|
17
|
|
136.4
|
|
112
|
|
50.5
|
|
|
* Excludes company’s active CEO (all charts/tables)
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Bold indicates repeats from the prior report
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Source: James Drury Partners
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The full text of the report is available at jdrurypartners.com/news/the-weight-of-americas-boards-2020-edition.
About VICI Properties
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties’ national, geographically diverse portfolio consists of 30 gaming facilities comprising over 50 million square feet and features approximately 20,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars, Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the nation’s highest quality and most productive experiential real estate portfolio. For additional information, please visit www.viciproperties.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20201008005935/en/
Investor Contacts:
Investors@viciproperties.com
(646) 949-4631
Or
David Kieske
EVP, Chief Financial Officer
DKieske@viciproperties.com
Danny Valoy
Vice President, Finance
DValoy@viciproperties.com