Churchill Downs Inc

Services-Racing, Including Track Operation·LOUISVILLE, KY·FY end 12/31·CIK 20212

Overview Financials Compensation Governance Insiders Filings

Named Executive Officers

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
William C. CarstanjenChief Executive Officer	$1.8M	$11.4M	—	$5.8M	$166.1K	$19.2M
William E. MuddPresident and Chief Operating Officer	$1.3M	$3.8M	—	$2.0M	$90.7K	$7.2M
Marcia A. DallExecutive Vice President and Chief Financial Officer	$944.1K	$2.2M	—	$1.3M	$76.4K	$4.6M
Bradley K. BlackwellExecutive Vice President and General Counsel	$770.2K	$1.6M	—	$992.6K	$22.2K	$3.4M
Maureen AdamsFormer Executive Vice President, Gaming Operations	$659.3K	—	—	$1.2M	$32.9K	$1.9M

CEO pay mix

William C. Carstanjen · FY 2025

Stock awards$11.4M60%

Performance bonus$5.8M30%

Salary$1.8M9%

Other$166.1K1%

Performance vs. pay

Item 402(v) Pay-Versus-Performance disclosure data not yet ingested for this company. Mandatory only for FYs ending on/after Dec 16, 2022 — older companies may not have filed it yet.

CEO comp · median worker · ratio — 5-year trend

CEO total compMedian employeePay ratio (right axis)