Wynn Resorts Board Faces Scrutiny Following Allegations Against Steve Wynn - News Summed Up

Wynn Resorts Board Faces Scrutiny Following Allegations Against Steve Wynn


The board of directors of Wynn Resorts Ltd., which has pledged to investigate allegations of sexual misconduct involving Chief Executive Steve Wynn, has itself faced criticism over its executive-compensation and corporate-governance practices. Outside proxy advisory firms for years have criticized the company’s executive-compensation practices as “problematic” and “excessive.” In 2015 Institutional Shareholder Services recommended that shareholders withhold support from the two directors nominated for re-election, citing...


Source: Wall Street Journal January 30, 2018 18:55 UTC



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