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