Houston Restaurateur Tilman Fertitta Plans to Resign From Landry’s | Eater Houston

"Identified in the March 20, 2025 ethics agreement as one of the restaurants the owner will resign from and divest if his ambassadorship is confirmed. The plan details that he will relinquish promised severance in favor of a lump-sum deferred compensation payment, will maintain only a passive interest, and “will not provide services material to the production of income.” The filing also notes employment and contractual arrangements that allow his spouse to continue on payroll and permit the controlling shareholder limited access to company goods and properties." - Courtney E. Smith