But now Wynn Resorts Ltd will have to get used to life without Steve Wynn as chief executive officer (CEO). “If Steve Wynn is considered not suitable, according to the law he should give up his shares,” Wang said. While he’ll no longer run the company, Wynn remains in control of about 21% of Wynn Resorts through his own holdings and the stake held by Elaine Wynn. In his 16-year career at Wynn, Maddox served as chief financial officer, and held a range of management roles at Wynn Macau. “With Matt, Wynn Resorts is in good hands,” Wynn said.

Source: Mint February 07, 2018 14:37 UTC