VICI Properties Inc. Board of Directors Receives Top Rankings in James Drury Partners Corporate Governance Report

Rhea-AI Summary

VICI Properties has been recognized for its exceptional corporate governance, ranking second among America’s 669 largest corporations in an independent study by James Drury Partners. The Company’s Board of Directors also led the Financials Industry Sector, highlighting their governance capacity. The report assesses the combined business acumen and experience of board members to determine their capacity to govern effectively. James Abrahamson, Chair of the Board, expressed pride in this acknowledgment, emphasizing that the Board's diversity and experience contribute to long-term shareholder value.

Positive

• Ranked second in governance capacity among 669 corporations
• First in the Financials Industry Sector for governance capacity
• Recognition signifies strong leadership and oversight

Negative

• None.

NEW YORK--(BUSINESS WIRE)--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)
Bold indicates repeats from the prior report
Source: James Drury Partners

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.